Energy Mad on the block as board mulls firm's future

Mon, 13 Mar 2017

By Paul McBeth March 14 (BusinessDesk) - Energy Mad, the energy efficient light bulb maker and marketer, is up for sale as the company's board weighs up the future of the business. The Christchurch-based company sought a trading halt on its shares yesterday, and today said the board is "currently pursuing a potential sale of the business" among "various options for the future of the company". A sale would need shareholder approval, meaning it would have to convince NZX-owned fund manager SuperLife, which swapped 2.25 million convertible...

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