Brief: NZ Windfarms Enters Into Scheme Implementation Agreement With Meridian

Meridian Energy

18/02/2025 20:28

Feb 19 (Reuters) - NZ Windfarms Ltd  NWF.NZ :
    * ENTERS INTO SCHEME IMPLEMENTATION AGREEMENT WITH MERIDIAN
    * MERIDIAN WILL ACQUIRE ALL SHARES IN NZ WINDFARMS THROUGH A
COURT-APPROVED SCHEME OF ARRANGEMENT FOR 25 NZ CENTS PER SHARE
    * SCHEME REPRESENTS AN EQUITY VALUE FOR NZ WINDFARMS OF
ABOUT
NZ$91 MILLION
    * BOARD UNANIMOUSLY RECOMMENDED THAT SHAREHOLDERS VOTE IN
FAVOUR
OF SCHEME


Further company coverage:  NWF.NZ 

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