Trilogy set to go private as shareholders back Citic's $211 mln takeover, regulatory hurdle remains

Tue, 13 Mar 2018

By Paul McBeth March 14 (BusinessDesk) - Trilogy International is set to de-list from NZX with shareholders backing a $211 million takeover from China's Citic Capital Partners at today's special meeting, leaving regulatory approvals the final obstacle to the deal. Almost 53 million shares, amounting to 99 percent support, were cast in favour of a resolution for a scheme of arrangement with Citic, which will see the Chinese investment firm pay $2.90 a share to take over the listed skincare products and scented candle maker, a notice to th...

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