Infratil completes acquisition of Vodafone New Zealand

Company News

by Rachael Jones

Infratil (ASX:IFT) and Brookfield Asset Management have completed the acquisition of Vodafone New Zealand.

On 14 May 2019 a consortium comprising Infratil and Brookfield announced it had executed a conditional agreement to acquire Vodafone New Zealand from Vodafone Group Plc for an enterprise value of NZ$3.4 billion.

Following the Commerce Commission clearance and Overseas Investment Office approvals which were announced on 12 July, Infratil confirms that the Acquisition was completed today.

Shares in Infratil (ASX:IFT) last traded at $4.39.
 

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