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Tilt at Tilt rejected

THE proposed takeover bid for Tilt Renewables by its joint venture partners Mercury NZ and Infratil has been rejected by Tilt’s independent directors who have called the deal “inadequate and not fair”.

Paul Hunt
Tilt at Tilt rejected

  The unexpected announcement came mere hours after the Foreign Investment Review Board approved the transaction, under which New Zealand-based Mercury and Infratil would buy up the Tilt shares they...

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