High Court approves TECT restructure
TRANSACT
Thu, Dec 16 2021 12:29 pm
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.
Announcement PDF
Markets News
Markets
Takeover bid is opportunistic and undervalued: THL
Tourism Holdings' board remains open to engagement with the Consortium.
Markets
One man, five boards: The NZ director spiderweb
James Miller is at the top of the directorship pyramid.
Markets
Market Close
Increased US tariffs drive NZ stocks lower
F&P Healthcare and Ebos shares both dropped over 2% on the tariff news.
