Infratil in talks to buy Vodafone NZ

Infratil in talks to buy Vodafone NZ
Rebecca Howard
By Rebecca Howard May 10 (BusinessDesk) -  Infratil says it is in talks with another party to buy Vodafone Group's New Zealand business. Infratil, which is managed by Morrison and Co, was put on a trading halt by the New Zealand stock exchange. The stock last traded at $4.60. "Following recent media speculation, Infratil confirms that it and another party are in discussions with Vodafone Group Plc regarding a potential transaction involving an acquisition of Vodafone New Zealand. The discussions with Vodafone and financiers are ongoing...

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