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SMSF investment strategies: Dealing with increased scrutiny

Sale of Tilt stake means another Infratil bid 'firmly' off the table


Sale of Tilt stake means another Infratil bid firmly off the table
16 Mar, 2021 04:30 AM
4 minutes to read
The sale of its Australasian renewables business means Infratil is unlikely to see another bid from AustralianSuper, analysts at Forsyth Barr predict, speculating the mega payday could mean additional returns to shareholders.
On Monday, Tilt
Renewables announced it had entered into an agreement, which would see it sold to an Australian consortium for $7.80 a share, valuing the company at close to $2.96 billion.
While the offer is subject to an independent review and regulatory approval, analysts seem to see little risk to the deal being blocked, with the sale price likely to meet or exceed valuation, and the structure of the offer meaning assets in New Zealand and Australia will be owned separately and both under local ownership. ....

New Zealand General , New Zealand , Australian Capital Territory , Scott Anderson , Aaron Ibbotson , Andrew Harvey , Matt Montgomerie , Forsyth Barr , Australian Super Fund , Tilt Renewables , Morrison Co , Canberra Data Centres , Australian Super , Wellington Airport , Vodafone New , Andrew Harvey Green , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , ஆஸ்திரேலிய மூலதனம் பிரதேசம் , ஸ்காட் ஆண்டர்சன் , ஆரோன் இபோட்சன் , ஆண்ட்ரூ ஹார்வி , ஃபார்ஸித் பார் , ஆஸ்திரேலிய அருமை நிதி , சாய் புதுப்பிக்கத்தக்கவை , மோரிசன் இணை ,