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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). ....

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