Brief: Spark New Zealand Confirms Connexa To Acquire 2Degrees' Tower Assets

Spark New Zealand

15/12/2022 01:04

Dec 15 (Reuters) - Spark New Zealand Ltd  SPK.NZ :
    * SPARK NZ CONFIRMS CONNEXA TO ACQUIRE 2DEGREES' TOWER
ASSETS
    * WILL NOT CONTRIBUTE EQUITY TO ACQUISITION
    * ACQUISITION WILL RESULT IN ITS SHAREHOLDING IN CONNEXA
BEING
DILUTED FROM 30% TO APPROXIMATELY 17%
    * COMPLETION IS SUBJECT TO APPROVALS FROM OVERSEAS
INVESTMENT
OFFICE & COMMERCE COMMISSION AND IS ANTICIPATED TO OCCUR
MID-2023

Source text for Eikon:  ID: 
Further company coverage:  SPK.NZ 
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