Tilt directors repeat recommendation that shareholders reject Infratil, Mercury takeover offer

Wed, 12 Sep 2018

By Sophie Boot Sept. 12 (BusinessDesk) - Tilt Renewables's independent directors have repeated their advice that shareholders reject a takeover offer from major shareholders Infratil and Mercury NZ, after Tilt announced it has signed a 15-year supply deal with Victoria's state government for the company's proposed Dundonnell wind farm. Tilt yesterday said it has accepted an offer from the Victorian Government for about 37 percent of the output from the fully permitted, 80-turbine wind farm. That deal - effected through contracts for di...

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