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Hot Topic EARNINGS
Investment
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Meridian to acquire NZ Windfarms in deal worth $91m

Offer of 25 cents a share a 107% premium to its share price.

Te Rere Hau.

NBR Staff Wed, 19 Feb 2025

The board of NZ Windfarms is unanimously recommending shareholders accept a takeover by scheme of arrangement from fellow listed energy company Meridian.

The deal, first received on February 3 but disclosed to the NZX today, values NZ Windfarms at about $91 million. Meridian is offering to acquire

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NBR Staff Wed, 19 Feb 2025
Contact the Writer: editor@nbr.co.nz
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Meridian to acquire NZ Windfarms in deal worth $91m
Investment,
107869
true