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Infratil blocks Mercury on Tilt deal

UPDATE: Tilt's 51% shareholder says it was the underbidder for trust's stake.

Tim Hunter
Mon, 14 May 2018

Updated: The 51% shareholder of Tilt Renewables, Infratil, says it is unlikely to approve Mercury moving beyond a 20% stake in Tilt.

Mercury yesterday announced the purchase of a 20% Tilt stake, along with an option to buy a further 6.8%, from Tauranga Enery Consumer Trust.

In a statement to

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Tim Hunter
Mon, 14 May 2018
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Infratil blocks Mercury on Tilt deal
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