MARKETS

Directors plead for Tilt shareholders not to sell

ATTEMPTS from New Zealand-based Mercury NZ and Infratil for takeover of Tilt Renewables continues to aggravate Tilt’s independent directors who say that the offer price is too low and doesn’t factor in the significant benefits expected to come from Tilt’s large Dundonnell project.

Paul Hunt
Directors plead for Tilt shareholders not to sell

  Today Fiona Oliver, the chair of the Tilt independent directors, wrote to shareholders pleading with them not to sell their interests in the company and hand control to the Mercury-Infratil joint venture. ...

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