15 April 2021
Shares in Australian-New Zealand pure play renewable energy firm Tilt Renewables have gone into a trading halt, as the company currently the subject of an AGL Energy led takeover bid flags the potential of a more attractive offer.
Last month, Tilt announced that it had agreed to an offer from a consortium led by New Zealand utility Mercury NZ, and the AGL Energybacked Powering Australian Renewables fund (Powar).
The $2.75 billion takeover offer would effectively split the Tilt business between its New Zealand and Australian assets, with Powar aiming to take control of the company’s Australian portfolio, which includes the Snowtown North and Dundonnell wind farms and a big project pipeline.
April 15, 2021
The Asia-Pacific region boasts some of the most successful pandemic stories, with places like Taiwan, Singapore, and Australia bringing local new cases down to zero or single digits. Now, this exclusive club of Covid-19 champions is launching long-awaited travel bubbles, offering a glimpse of what post-pandemic international travel will look like as the world lines up for vaccines.
After several delays, a relatively unrestricted bubble is set to launch on Monday (April 19) between two of the world’s most Covid-19 cautious countries, Australia and New Zealand. According to the New Zealand tourism department, it won’t involve mandatory testing, proof of vaccination, or quarantines, but passengers must wear masks during their flights and agree to be tracked via app for contact tracing purposes, and those with cold or flu symptoms can’t travel. Officials on both sides hope to recoup some part of their pre-Covid travel in 2019, an estimated 1.5 million Australia
The Australia-New Zealand travel bubble is finally here msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Webjetâs repeated capital market visits are raising eyebrows
Save
Share
With half-price Australian airline tickets on sale, potential tourists might scan Webjetâs website, perhaps enticed by the intriguing main image of a Rubikâs Cube-shaped building at a winery in South Australia.
âHurry before they sell out,â yells the advertisement.
Of course, getting to Webjetâs home page might require navigating a Google search first. And thatâs where the un-enticing second suggested question pops up: âIs Webjet in financial trouble?â
Thatâs an understandable concern people might flag when searching for travel-industry associated companies. That industry, after all, was flattened by the coronavirus pandemic. Airline Virgin Australia went bust. So did travel agent STA Travel.