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Tilt receives court approval for takeover

TILT Renewables has received final court approval for its takeover by Powering Australian Renewables and Mercury NZ, clearing the final regulatory hurdle before the acquisition completes early next month. 

Mark Tilly
Tilt receives court approval for takeover

The deal, finalised in April, will see AGL-backed PowAR take Tilt's Australian renewables assets and Mercury take its NZ-based assets for NZ$8.10 per share, or $3.2 billion (A$2.9 billion).    This...

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