Goodwood Capital Limited (NZX: GWC) advise that all resolutions were passed at the meeting of shareholders held at 10.30am this morning by the required majorities. Details of the voting are attached.
Accordingly the acquisition of WasteCo Holdings NZ Limited is now unconditional. The transaction is expected to settle shortly.
The S&P/NZX 50 Index closed at 12,266.25, gaining 57.2 points or 0.47%.
Goldman Sach analysts have a 12-month target price of A$2.85 ($3.14).
An investment firm bought the stake, which included 116,145 hectares of forestry.
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