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INFRATIL LIMITED. — M&A Activity 2019
Jul 31, 2019
65106_rns_2019-07-31_8f7574d0-8c63-42e3-ab64-c349981308b1.pdf
M&A Activity
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31 July 2019
Completion of acquisition of Vodafone New Zealand
On 14 May 2019 a consortium comprising Infratil Limited ("Infratil") and Brookfield Asset Management Inc. ("Brookfield") announced it had executed a conditional agreement to acquire Vodafone New Zealand Limited ("Vodafone NZ") from Vodafone Group Plc for an enterprise value of NZ$3.4 billion (the "Acquisition").
Following the Commerce Commission clearance and Overseas Investment Office approvals which were announced on 12 July, Infratil confirms that the Acquisition was completed today.
Infratil’s Chief Executive Marko Bogoievski said “we are very pleased to complete the Acquisition and look forward to working with Brookfield and supporting the Vodafone NZ management team in bringing world class services to New Zealanders”.
Any enquiries should be directed to:
Mark Flesher, Investor Relations, Infratil Limited [email protected] [email protected]
Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 www.infratil.com