Hong Kong investment company said to be in hunt for Vector's meter business

Rumours are running rife over interest in Vector's meter business. (Image: Depositphotos)

Tue, 25 Oct 2022

The Australian media rumour mill has gone into overdrive about suitors for Vector’s meter business.In April, the Auckland-based electricity lines company said it was reviewing the future of its meter operations.Chief executive Simon Mackenzie said several highly credible organisations had made unsolicited approaches expressing an “interest in partnering with us and investing in the NZ and Australia metering business”.In August, the company reported adjusted full-year 2022 earnings of $510 million. This was down $3.5 million or...

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