Brief: Trustpower Says Sale Of Retail Business To Mercury NZ Now Unconditional

Mercury NZ

02/05/2022 02:35

May 2 (Reuters) - Mercury NZ Ltd  MCY.NZ :
    * CONDITIONS OF SALE OF TRUSTPOWER'S GAS,
TELECOMMUNICATIONS, &
RETAIL ELECTRICITY SUPPLY BUSINESS TO MERCURY NZ HAVE BEEN MET
    * AFTER SETTLING ALL WORKING CAPITAL BALANCES CO EXPECTS TO
RECEIVE NET PROCEEDS FROM SALE BETWEEN NZ$432M TO NZ$442M

Further company coverage:  MCY.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))