Tilt Renewables Limited (NZX: TLT) Infratil Strategic Review

Tilt Renewables Limited has received notice that its largest shareholder, Infratil Limited (NZX: IFT ) has commenced a strategic review of its shareholding in TLT.

TLT understands the IFT strategic review process may result in an offer from a third party for all outstanding shares in TLT and therefore the directors of TLT will begin preparations to be able to respond to such an offer.

At this stage, the directors recommend TLT shareholders take no action.

See the link below for more details:

Infratil Strategic Review

Source: Tilt Renewables Limited

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