IFT - Infratil

[artemis]

Stuff headline 12 May

Vodafone NZ needs buyer with a head for complexity

NBR headline

Infratil development expected by Tuesday as new bidders said to have emerged

http://www.stuff.co.nz/business/1126...for-complexity

[RTM]

bundled offering is very good for company bottom line. wonder how spark will respond to this new competition ( if it happens) power / ph / gas bundle vrs ph / entertainment bundle.

Yes...and I imagine it makes customers pretty sticky.
Being good for the company bottom line...probably means its not so good for the consumers overall.

[bull....]

ift person just resigned from spark board due to conflict of interest


https://www.nzx.com/announcements/334458

[longy]

So it is considered a done deal.

https://www.stuff.co.nz/business/112...z-sold-for-34b

[bull....]

So it is considered a done deal.

https://www.stuff.co.nz/business/112...z-sold-for-34b

looks like it , wonder how big the cap raise will be

[RTM]

https://www.nzx.com/announcements/334468

[King1212]

Going to raise $400m of equity

[couta1]

Going to raise $400m of equity

Looks like a messy can of worms deal for IFT and after all it's Vodafail we are talking about here. Lol

[winner69]

Going to raise $400m of equity

About 70 cents for every share so something like a 1 for 7 at 4 bucks

[bull....]

Looks like a messy can of worms deal for IFT and after all it's Vodafail we are talking about here. Lol

think spark will be a little more worried now with ift taking on vodaph. vodaph will offer a much different bundle