Latest Breaking News On - Bruce harker - Page 1 : comparemela.com
Obituary of Linda Minnis
e-know.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from e-know.ca Daily Mail and Mail on Sunday newspapers.
Summerland winery release its first vintage, with a special note of thanks - Penticton News
castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.
streetAsia s premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW
Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
Message :
Required fields
(Reuters) - 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.
The deal was the first major piece of M&A activity in New Zealand this year, which comes amid a push from companies and investors for decarbonisation and a move towards clean, renewable energy.
Powering Australian Renewables (PowAR), a partnership between AGL, investment manager QIC and Australia s sovereign wealth fund, will buy Tilt s Australian business, while 19.9%-shareholder Mercury NZ Ltd will buy its New Zealand business.
Windfarm operator Tilt Renewables to be sold for nearly $3 billion © RNZ/Robin Martin
An Australian-dominated consortium is in line to buy windfarm operator Tilt Renewables for nearly $3 billion.
The consortium of Queensland Investment Corp., AGL Energy, Australia s Future Fund, and Mercury Energy will pay $7.80 a share for Tilt, which has windfarms on both sides of the Tasman.
Tilt was effectively put on the block last year when its two-thirds owner Infratil announced a review of its investment.
Mercury owned close to 20 percent. Both companies said they will vote in favour of the deal.
The deal will see the Australian companies - collectively called PowAR - take control of Tilt s four Australian windfarms, while Mercury will buy the four New Zealand farms for $770m.
vimarsana © 2020. All Rights Reserved.