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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
1 mins to read

Lines company Horizon heads for delisting

The trust has agreed to buy a 13.9% stake owned by Marlborough Lines Company for $15.3m.

Tim Hunter
Tue, 05 May 2015

Bay of Plenty lines company Horizon [NZX: HED] is heading back into 100% community ownership, with a takeover offer from Eastern Bay Energy Trust.

The trust has agreed to buy a 13.9% stake owned by Marlborough Lines Company for $15.3 million, or $4.41 a share.

The acquisition will take the

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Tim Hunter
Tue, 05 May 2015
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Lines company Horizon heads for delisting
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