Meridian agrees terms for the sale of Australian business
Meridian’s Board has agreed the sale of Meridian’s Australian business to a consortium of Shell Energy Operations Pty Ltd, a wholly owned subsidiary of Shell (“Shell”) and Infrastructure Capital Group (“ICG”) (together, “the Consortium”) for A$729 million, subject to possible adjustment depending on the timing of completion. (Meridian agrees terms for the sale of Australian business - NZX, New Zealand’s Exchange)