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Vodafone, Wellington airport soldier on, as cashed-up Infratil makes a loss


“The CDC data centre s doing well, Vodafone s tracking sideways, Trustpower if you exclude those derivatives is tracking well, Wellington Airport of course [suffered due to] Covid so that s down, Longroad is down and corporate expenses are up.
Manager Morrison & Co took $223m in fees, in part a reflection of Infratil s increase in share price, Sullivan said.
It was an eventful year for Infratil, during which its Wellington Airport asset was closed for a long period, it received two unsolicited takeover offers and veered into diagnostic healthcare.
SIMON O CONNOR/Stuff
Waipipi, a nearly finished wind farm in South Taranaki, is owned by Tilt Renewables, which has recently been sold by Infratil and other shareholders for nearly $3b. The buyers included Mercury Energy. ....

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Market close: Tilt takeover offer and transtasman bubble joy lift NZ sharemarket


Market close: Tilt takeover offer and transtasman bubble joy lift NZ sharemarket
19 Apr, 2021 05:40 AM
4 minutes to read
Auckland International Airport climbed 35c or 4.74 per cent to $7.73 as re-opening stocks benefited from the first day of the transtasman bubble. Photo / Michael Craig
Auckland International Airport climbed 35c or 4.74 per cent to $7.73 as re-opening stocks benefited from the first day of the transtasman bubble. Photo / Michael Craig
NZ Herald
By: Graham Skellern
Auckland International Airport took a hike on the first day of the transtasman travel bubble, and a new takeover offer for Tilt Renewables also added some spice to the New Zealand sharemarket. ....

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Market close: NZ sharemarket falls nearly 1% ahead of ETFS activity


Market close: NZ sharemarket falls nearly 1% ahead of ETFS activity
15 Apr, 2021 05:38 AM
4 minutes to read
After some steady rises over the past two weeks, both Contact and Meridian fell. Photo / Supplied
After some steady rises over the past two weeks, both Contact and Meridian fell. Photo / Supplied
NZ Herald
By: Graham Skellern
The New Zealand sharemarket was a little edgy and fell nearly 1 per cent as it awaited Friday s unique exchange traded funds activity in the leading energy stocks, Contact and Meridian.
The S&P/NZX 50 Index
closed at 12,636.55, down 114.83 points or 0.9 per cent on solid volume of 64.6 million share transactions worth $219.62 million. The index fell from an early morning burst that reached 12,770.83 points. ....

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