Brief: NZ Windfarms Enters Into Scheme Implementation Agreement With Meridian
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;))
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