Thursday 4th February 2021 |
Text too small? |
Tilt Renewables Limited advises that it has received a number of non-binding indicative proposals to acquire the company, following the strategic review process being conducted by Tilt Renewables major shareholder, Infratil Limited.
The Board of Tilt Renewables has reviewed the proposals and decided to grant a number of parties access to due diligence material to enable these parties to prepare binding proposals.
The Board notes that participation in Infratil’s strategic review process is not a prerequisite to it considering any proposals in respect of Tilt Renewables.
There is no certainty that Tilt Renewables will receive binding proposals or that any proposals received will be recommended to shareholders by the Board.
Tilt Renewables is being advised by Lazard as financial adviser and Russell McVeagh and Ashurst as legal advisers.
Please see the link below for more details:
Source: Tilt Renewables Limited
No comments yet
FPH - Notification of Issue of Securities
Fletcher Building reports FY22 result, final dividend 22cps
NZA - Resignation of Auditor
August 17th Morning Report
CMC - Retirement and Appointment of Directors
Senior Leadership Team Changes
CHI - Half Year Results and Audio Conference Details
Mercury results reflect transformative year
PGW - Annual Results Announcement to 30 June 2022
August 16th Morning Report