Streetbeat News

IFUUF

Infratil Ltd

Industry

Nuclear Electric Power Generation

Open

6.03

Mkt cap

5.8B

Volume

221K

High

7.50

P/E Ratio

24.12

52-wk high

7.50

Low

6.03

Div yield

0.02

52-wk low

6.03

Brookfield Asset Management (BAM) has agreed to sell its 49.95% stake in One New Zealand to Infratil Limited (IFUUF) for $1.1 billion. This will increase Infratil's ownership in One NZ to 99.90%. The acquisition values One NZ at an enterprise value of NZ$5.9 billion.

Portfolio Pulse from Akanksha Bakshi

June 07, 2023 | 12:48 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.