UPDATE: Infratil, Brookfield purchase values Vodafone NZ at $3.4 billion

Mon, 13 May 2019

(Updates to add detail, financials in paragraph seven) By Rebecca Howard May 14 (BusinessDesk) - Vodafone Group has sold Vodafone New Zealand to a consortium comprising Infratil and Canada's Brookfield Asset Management for an enterprise value of $3.4 billion, it said in a press release. The deal is subject to regulatory approvals and completion is anticipated during Vodafone Group's 2020 financial year, it said. Upon competition, Vodafone Group and Vodafone New Zealand will enter a partner market agreement, which will include use o...

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