MFG magellan financial group limited

Barrenjoey’s bankers have made a seven-page pitch to lure...

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    Barrenjoey’s bankers have made a seven-page pitch to lure Australia’s big superannuation funds and institutional investors to a $1 billion-plus infrastructure auction across the Tasman.

    The bankers, on behalf of bigwigs Brookfield and Morrison & Co, are seeking a buyer for telecommunications infrastructure owned by (and to be leased back to) Vodafone New Zealand.

    In keeping with moves by Telstra and Optus in Australia, Vodafone NZ is proposing to spin its mobile telecommunications towers into a new “TowerCo” and is offering a stake in the new company to yield-hungry infrastructure investors.


 
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(20min delay)
Last
$8.41
Change
0.080(0.96%)
Mkt cap ! $1.452B
Open High Low Value Volume
$8.31 $8.41 $8.20 $12.67M 1.511M

Buyers (Bids)

No. Vol. Price($)
1 5667 $8.39
 

Sellers (Offers)

Price($) Vol. No.
$8.41 15509 3
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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