Update on Trustpower strategic review

MKTUPDTE
Wed, Apr 28 2021 08:30 am

Trustpower advises that it has received a number of non-binding indicative proposals to acquire its mass market retail business, following its announcement of a strategic review in January.

Trustpower’s Board has reviewed the proposals and has progressed into the due diligence stage of the process.

A further update to the market on the strategic review will be provided in due course.

ENDS


Announcement PDF


Markets News

Talley’s vs Bathurst court scrap bursts into the open
Finance

Talley’s vs Bathurst court scrap bursts into the open

First signs of why the Motueka food empire is suing its coal mining partner.

Retail

Down under dynamics: NZ retailers buoyed by Aussie units

Results from Michael Hill, Kogan Group and Super Retail Group show NZ market is a drag. 

Down under dynamics: NZ retailers buoyed by Aussie units
Markets Market Close

Ryman’s 21% freefall brings NZX down 1.8%

The S&P/NZX 50 Index closed at 23,307.27, down 224.45 points or 1.79%.

Gregor Thompson 25 Feb 2025
Ryman’s 21% freefall brings NZX down 1.8%