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Hot Topic Hawke’s Bay
Investment
2 mins to read

Vital takeover advance secures backing of 8% shareholder

Auckland property developer Simon Herbert wants to acquire 50.01% of the listed telco.

Vital provides fibre and ethernet networks, digital radio access, cloud services, and peering exchanges for emergency services.

A proposal from Auckland property developer Simon Herbert’s Empire Capital to buy 50.01% of NZX-listed communications provider Vital has secured the backing of an 8% shareholder in the business. 

Vital – which provides fibre and ethernet networks, digital radio access, cloud services, and

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Hamish McNicol Tue, 20 Aug 2024
Contact the Writer: Hmcnicol@nbr.co.nz
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Vital takeover advance secures backing of 8% shareholder
Investment,
105424
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