Spark New Zealand seeks to divest 17% stake in mobile towers business Connexa

Spark New Zealand

29/10/2024 19:51

Oct 30 (Reuters) - Telecommunications firm Spark New
Zealand  SPK.NZ  said on Wednesday it is looking to divest its
17% stake in mobile towers business Connexa as part of a review
of its non-core assets. 
    Connexa is majority owned by Ontario Teachers' Pension Plan
Board, which has an 83% stake, while the remaining is held by
Spark. 

 (Reporting by Sneha Kumar; Editing by Shailesh Kuber)
 ((Sneha.Kumar@thomsonreuters.com;))