IFT - Infratil

**Ggcc** · 26-01-2021, 10:39 AM

Climbing high and fast again

**Dlownz** · 26-01-2021, 10:52 AM

The next offers going to be a goodie

**NOCASH** · 26-01-2021, 05:49 PM

C. $8.20 ; $8.40 bid coming...

**Southern Lad** · 26-01-2021, 10:17 PM

IFM has launched an A$8b offer for a 22.69% stake in Spanish energy company Naturgy:

https://www.reuters.com/article/natu...-idUSL1N2K10FH

Do they have plenty of cash to spend or does this mean their rumoured IFT bid is off?

**Dlownz** · 26-01-2021, 10:51 PM

I'd say theirs is a joint bid for infratil. So still plenty of cash. The next offer for infratil will be around the 6.5 billion mark. Maybe 7.

**kiora** · 27-01-2021, 06:16 AM

So $9.10 - $9.80/share Dlownz?
"LONDON/BOSTON (Reuters) - Larry Fink, chief executive of the world's biggest asset manager BlackRock, warned the companies it invests in on Tuesday they will need to show a game plan for surviving in a world aiming for net-zero carbon emissions by mid-century.

In his annual letter to the management of companies across the world, Fink said they would also need to make clear how the plan is integrated into the company's long-term strategy and reviewed by the board.

To help investors prepare their portfolios for the transition to a net-zero economy, Fink flagged a number of fresh steps the asset manager would take, including, where possible, publishing scores for how its equity and bond funds are positioned to adapt to global temperature changes.

The focus on companies' net-zero strategies comes as policymakers and campaigners push asset managers to do more to hold companies to account over their climate plans, ahead of the next round of global climate talks in Scotland later this year.

With $8.7 trillion in assets under management, mainly in passive funds, BlackRock has a significant stake in most large U.S. corporations and in many in other countries, giving it much influence over their decisions.

"The world is moving to net zero, and BlackRock believes that our clients are best served by being at the forefront of that transition," Fink said.

"We are carbon neutral today in our own operations and are committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner. No company can easily plan over 30 years, but we believe all companies – including BlackRock – must begin to address the transition to net zero today."

Last month BlackRock called for companies to lay out their plans to reach net-zero emissions by 2050, but Fink's widely-read annual letter will draw more investor attention to the priorities."
https://finance.yahoo.com/news/black...123342917.html

Hard to not argue that this is where investments are heading?

IFT has a great head start in this with a long runway ahead of it.

Hold on tight is my view.

**kiora** · 27-01-2021, 06:19 AM

So $9.10 - $9.80/share Dlownz?
"LONDON/BOSTON (Reuters) - Larry Fink, chief executive of the world's biggest asset manager BlackRock, warned the companies it invests in on Tuesday they will need to show a game plan for surviving in a world aiming for net-zero carbon emissions by mid-century.

In his annual letter to the management of companies across the world, Fink said they would also need to make clear how the plan is integrated into the company's long-term strategy and reviewed by the board.

To help investors prepare their portfolios for the transition to a net-zero economy, Fink flagged a number of fresh steps the asset manager would take, including, where possible, publishing scores for how its equity and bond funds are positioned to adapt to global temperature changes.

The focus on companies' net-zero strategies comes as policymakers and campaigners push asset managers to do more to hold companies to account over their climate plans, ahead of the next round of global climate talks in Scotland later this year.

With $8.7 trillion in assets under management, mainly in passive funds, BlackRock has a significant stake in most large U.S. corporations and in many in other countries, giving it much influence over their decisions.

"The world is moving to net zero, and BlackRock believes that our clients are best served by being at the forefront of that transition," Fink said.

"We are carbon neutral today in our own operations and are committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner. No company can easily plan over 30 years, but we believe all companies – including BlackRock – must begin to address the transition to net zero today."

Last month BlackRock called for companies to lay out their plans to reach net-zero emissions by 2050, but Fink's widely-read annual letter will draw more investor attention to the priorities."
https://finance.yahoo.com/news/black...123342917.html

Hard to not argue that this is where investments are heading?

IFT has a great head start in this with a long runway ahead of it.

Hold on tight is my view.

We have already had an inkling where all this is heading with our gentailers.

**Dlownz** · 27-01-2021, 07:41 AM

Originally Posted by kiora

So $9.10 - $9.80/share Dlownz?
"LONDON/BOSTON (Reuters) - Larry Fink, chief executive of the world's biggest asset manager BlackRock, warned the companies it invests in on Tuesday they will need to show a game plan for surviving in a world aiming for net-zero carbon emissions by mid-century.

In his annual letter to the management of companies across the world, Fink said they would also need to make clear how the plan is integrated into the company's long-term strategy and reviewed by the board.

To help investors prepare their portfolios for the transition to a net-zero economy, Fink flagged a number of fresh steps the asset manager would take, including, where possible, publishing scores for how its equity and bond funds are positioned to adapt to global temperature changes.

The focus on companies' net-zero strategies comes as policymakers and campaigners push asset managers to do more to hold companies to account over their climate plans, ahead of the next round of global climate talks in Scotland later this year.

With $8.7 trillion in assets under management, mainly in passive funds, BlackRock has a significant stake in most large U.S. corporations and in many in other countries, giving it much influence over their decisions.

"The world is moving to net zero, and BlackRock believes that our clients are best served by being at the forefront of that transition," Fink said.

"We are carbon neutral today in our own operations and are committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner. No company can easily plan over 30 years, but we believe all companies – including BlackRock – must begin to address the transition to net zero today."

Last month BlackRock called for companies to lay out their plans to reach net-zero emissions by 2050, but Fink's widely-read annual letter will draw more investor attention to the priorities."
https://finance.yahoo.com/news/black...123342917.html

Hard to not argue that this is where investments are heading?

IFT has a great head start in this with a long runway ahead of it.

Hold on tight is my view.

We have already had an inkling where all this is heading with our gentailers.

At a offer of 6.4 bill. That would equate to 8.80 ish a share