Spark New Zealand to sell majority stake in towers business for $550 mln
11/07/2022 21:38
July 12 (Reuters) - Telecom firm Spark New Zealand Ltd SPK.NZ said on Tuesday it will sell a 70% stake in its towers business for NZ$900 million ($550.17 million) to Canadian investment firm Ontario Teachers' Pension Plan Board. ($1 = 1.6359 New Zealand dollars) (Reporting by Sameer Manekar in Bengaluru; Editing by Shailesh Kuber) ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))
Recent news on Spark New Zealand
See all newsTelecom stocks in Australia, NZ slide after SpaceX spectrum deal
Spark New Zealand hits nearly six-month low on trading ex-dividend
Brief: Spark New Zealand Posts FY Adjusted Net Income NZD225 Mln
Brief: Spark New Zealand Says Spark Appoints Vince Hawksworth As Chair
Brief: Spark New Zealand Says SPK-30 Advanced With Strategic Review Of Digital Services