Monday 7th December 2020 |
Text too small? |
Mercury NZ Limited notes that Infratil Limited (NZX: IFT ) has announced a strategic review of its shareholding in Tilt Renewables Limited (NZX: TLT ). Mercury acknowledges that the Infratil initiated strategic review may result in an offer for all shares in Tilt. Mercury owns almost 20% of Tilt. There is currently no arrangement between Infratil and Mercury in relation to Infratil’s strategic review.
Mercury is very satisfied with the performance to-date of its investment in Tilt and has not reached a position on the future of that investment. The directors of Mercury will monitor developments closely.
See the link below for more details:
No comments yet
TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report