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INFRATIL LIMITED. — M&A Activity 2019
Jul 10, 2019
65106_rns_2019-07-11_45cbe518-1122-4cb8-bb85-ff71d49dbdef.pdf
M&A Activity
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11 July 2019
Commerce Commission clearance for Vodafone New Zealand acquisition
On 14 May 2019 Infratil announced that Brookfield Asset Management Inc. and it had executed a conditional agreement to acquire Vodafone New Zealand Limited from Vodafone Group Plc for an enterprise value of NZ$3.4 billion (the Acquisition ).
The Commerce Commission has today granted clearance for the Acquisition.
Completion of the Acquisition continues to be conditional on Overseas Investment Office granting consent. Infratil remains confident that OIO consent will be granted, and that completion is likely to occur within the next two months.
Any enquiries should be directed to:
Mark Flesher, Investor Relations, Infratil Limited [email protected]
Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 www.infratil.com