We need more demergers

We need more demergers
The Tilt Renewable story begins in 1915 with the establishment of Tauranga’s first electricity generation business.
Brian Gaynor
The battle for control of Tilt Renewables has been fascinating as it illustrates the ability of large shareholders, directors and senior management to create value through active investment strategies, particularly corporate demergers.CEOs frequently strive to create value through acquisitions, with Fletcher Building being a clear example of this, while demerger proposals are often dismissed.Nevertheless, many of the largest NZX listed companies have been created through breakups including:Fisher & Paykel Healthcare, which split from Fisher...

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