Ann: Strategic review of shareholding in Tilt Renewables, page-37

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    IFT’s largest shareholder wants the company to engage with AustralianSuper:

    https://businessdesk.co.nz/article/infrastructure/acc-pushes-infratil-to-talk-with-australiansuper

    Appears that ACC see the offer as pretty good value. ACC have been pushing IFT for some time on the Morrison & Co management fee arrangements, so maybe see this scheme of arrangement as a good exit strategy. I guess time will tell if other institutional shareholders share ACC’s view on value and the manager arrangements.
 
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Last
$11.05
Change
0.100(0.91%)
Mkt cap ! $10.82B
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No. Vol. Price($)
1 2255 $11.04
 

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Price($) Vol. No.
$11.12 5512 6
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