Infratil announces Jason Boyes will replace Marko Bogoievski as chief executive
9 Feb, 2021 08:47 PM
3 minutes to read
Marko Bogoievski will step down as chief executive of Infratil in April, but will continue as the chief executive of its manager, investment bank Morrison & Co. Photo / supplied
Marko Bogoievski will step down as chief executive of Infratil in April, but will continue as the chief executive of its manager, investment bank Morrison & Co. Photo / supplied
Infantil, a major NZX company which appears to be the subject of takeover interest, has announced its longtime chief executive is standing down, to be replaced by one of its long time staff.
Macquarie bid puts Vocus NZ listing in doubt; Infratil in the frame
9 Feb, 2021 04:30 AM
7 minutes to read
The possible $722m listing of Vocus local operation on the NZX is up the air - because it s Australian owner could be bought out. Vocus NZ, whose brands include Orcon and Slingshot, is our third-largest broadband provider and in line for a customer spike - having recently been named as Sky TV s partner for its pending broadband service.
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Vocus Group s ASX-listed shares spiked 13 per cent to A$4.94 yesterday after the company confirmed in a filing that it had received a non-binding bid from Macquarie Infrastructure and Real Assets Management of $5.50 a share - valuing it at A$3.4 billion or a 25 per cent premium over its previous price of A$4.38.
Infratil hikes valuation of key asset, raising takeover stakes
13 Jan, 2021 04:00 PM
4 minutes to read
Infratil and Morrison & Co chief executive Marko Bogoievski, left, with Vodafone NZ CEO Jason Paris. Photo / Supplied
Infratil and Morrison & Co chief executive Marko Bogoievski, left, with Vodafone NZ CEO Jason Paris. Photo / Supplied Infratil has hiked the book value of what was already its most valuable asset - a move that signals AustralianSuper will have to sharpen its $5.4 billion takeover offer if it wants to engage the Kiwi infrastructure company s board.
Following an independent evaluation, Infratil says its 48 per cent stake in Canberra Data Centres (CDC) is now worth between A$2.04 billion ($2.2b) and A$2.33b ($2.5b).