Tilt Renewables Being Sold to Powering Australian Renewables swfinstitute.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swfinstitute.org Daily Mail and Mail on Sunday newspapers.
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NZ Herald
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New Zealand:
The NZX closed Monday s session up 1.3 per cent. The best performing sector for the day s trading was health care increasing 2.5 per cent.
Tilt Renewables share price increased by 17.4 per cent to $7.61 after the firm announced it had entered into a Scheme Implementation Agreement, whereunder Powering Australian Renewables (PowAR) will acquire Tilt Renewables Australian business, and Mercury NZ (+0.5 per cent) would acquire the New Zealand arm. Under the agreement, Tilt
Breakingviews - Antipodean wind deal harnesses three power sources reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
New Zealand's Tilt Renewables Ltd said on Monday it would be acquired by a consortium including its second-largest shareholder and Australia's AGL Energy Ltd for NZ$2.94 billion ($2.10 billion), sending its shares to an all-time high.