Brief: Contact Energy Announces Acquisition Of Manawa Energy
11/09/2024 02:29
Sept 11 (Reuters) - Contact Energy Ltd CEN.NZ :
* CONTACT ACCELERATES STRATEGY WITH ACQUISITION OF MANAWA
* CONTACT ACCELERATES RENEWABLE GENERATION STRATEGY WITH
PROPOSED
ACQUISITION OF MANAWA
* AS CONSIDERATION, ELIGIBLE MANAWA SHAREHOLDERS ARE
EXPECTED TO
RECEIVE 0.5719X CONTACT SHARES FOR EACH MANAWA SHARE
* TRANSACTION IS ACCRETIVE ON A NORMALISED EBITDAF LESS
‘STAY-INBUSINESS’ CAPEX PER SHARE BASIS
Further company coverage: CEN.NZ
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