Infratil Confirms Talks About Possible Acquisition of Vodafone New Zealand, Shares Halted - Update
May 09 2019 - 6:16PM
Dow Jones News
By Stephen Nakrosis
Infratil Ltd. said Friday it was confirming that the company and
another party are discussing a possible acquisition of Vodafone New
Zealand from Vodafone Group PLC (VOD).
Infratil said it made the announcement "following recent media
speculation."
Infratil said discussions with Vodafone and financiers are
ongoing and might not result in a transaction.
NZX said, at the request of the company, a trading halt had been
placed on Infratil's shares and debt securities until an
announcement was made in relation to a possible transaction, or
until the opening of the market on May 14.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
May 09, 2019 18:01 ET (22:01 GMT)
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