Claypond Capital, Pai s family office, is in talks with veteran banker Shyam Powar to head the family investment office as the Manipal chief sharpens his focus on the internet economy.
Mercury, PowAR up the ante for Tilt to $8.10 a share
17 Apr, 2021 02:24 AM
2 minutes to read
Tilt Renewables Tararua wind farm. Since its largest shareholder announced a strategic review of its investment in December, the company has been readying itself for offers. Photo / SUPPLIED
Tilt Renewables Tararua wind farm. Since its largest shareholder announced a strategic review of its investment in December, the company has been readying itself for offers. Photo / SUPPLIED
Mercury NZ and infrastructure investor Powering Australian Renewables (PowAR) have lifted their offer for Tilt Renewables to $8.10 a share from $7.80 in response to a reported Canadian bid.
Separately, Tilt s majority shareholder Infratil said it supported the offer, which values its stake at $2 billion.
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