Trustpower welcomes the decision today from the High Court, ruling in favour of the TECT restructure.
The appeal period for the decision expires in early February 2022.
Settlement of the sale of the retail business is, pending any notice of appeal, intended to occur in the first quarter of 2022.
Let the French have Fonterra brands, Eden Bradfield writes.
The S&P/NZX 50 Index closed at 13,223.53, up 90.32 points or 0.69%.
Total maximum remuneration is now $2m lower at $5.8m.
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