Infratil completes acquisition of Vodafone in New Zealand
Date
August 01, 2019
Type
M&A Transactions
Subtype
Transaction completed
Countries
New Zealand
Subsectors
Telecom
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A consortium comprising Infratil Limited and Brookfield Asset Management Inc. has completed the execution of a conditional agreement to acquire Vodafone New Zealand Limited (Vodafone NZ) from Vodafone Group Plc for an enterprise value of NZD3.4 billion (US$2.23 billion).
The deal was completed following the Commerce Commission clearance and Overseas Investment Office approvals which were announced on 12 July.
