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Page 2 - போவேறீங் ஆஸ்திரேலிய புதுப்பிக்கத்தக்கவை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Low wind, low prices and connection delays crimp Tilt profits

Mercury s one-step-ahead stance pays off

CEO Vince Hawksworth says better deal lowers risk of further rival bids over Tilt. Faced with a rival’s surprising lob at Tilt Renewables possibly firming up, the leader of power giant Mercury has said a judgment call was made to get one step ahead by offering more cash and an arrangement ensuring history would not repeat.     Tilt’s share price is still climbing on the NZX and ASX as trading resumed Monday following news that a consortium of Mercury and Powering Australian Renewables (PowAR) had secured the wind and solar farm developer for a second time. Trading was halted last Thursday on Tilt announcing it was in talks over a superior scheme of arrangement. By Friday, Canadian pension fund

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