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Tag: binding agreement to acquire

Mercury NZ and PowAR enter binding agreement to acquire Tilt Renewables

Posted on March 14, 2021September 21, 2022

AUCKLAND: Mercury NZ Limited, together with Powering Australian Renewables (PowAR), has entered into a Scheme Implementation Agreement to acquire Tilt Renewables Limited. Under the terms of the transaction, PowAR will acquire all the shares of Tilt (including Mercury’s shares) for NZ$7.80 per share, and Mercury will acquire all of Tilt’s New Zealand operations, including development…

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