Infratil expects fatter margins from One NZ

One CEO Jason Paris said he's working toward Ebitda margins of 35%. (Image: One NZ)

Wed, 07 Jun 2023

Infratil is confident in One New Zealand’s future with chief executive Jason Boyes calling the company a “compelling opportunity” for the investment company.The company is raising equity, and will use cash reserves and debt facilities, to acquire Brookfield Asset Management's stake in One NZ for $1.8 billion. The move will increase Infratil's shareholding in One NZ from 49.95% to 99.9%.The telco is valued at $5.9b, and the sale is expected to close next week.In a presentation to investors, Boyes said that digital was a...

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