3 Nov 2015

Trustpower makes takeover offer for King Country Energy

From Business News, 12:16 pm on 3 November 2015

Energy company, Trustpower, has made a takeover offer for the central North Island's power supplier, King Country Energy. Tauranga based Trustpower is offering $5 a share, which would value the company at $125 million, providing it receives acceptance for more than 70% of King's shares.