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Mercury takes $143m stake in busy Tilt

Company to acquire close to 20% of fellow dual listee

James Bowen
Mercury takes $143m stake in busy Tilt

The dual Australia and New Zealand-listed Mercury has agreed to purchase the stake from the Tauranga Electricity Consumer Trust (TECT) for a total price of $143.9 million, or $2.30 per share, payable in...

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