Vodafone offloads New Zealand business to Brookfield, Infratil
Reuters
Published May 13, 2019 12:46PM ET
Vodafone offloads New Zealand business to Brookfield, Infratil
(Reuters) - Vodafone Group (LON:VOD) Plc said on Monday that it agreed to sell its New Zealand business to a consortium for about 2.1 billion euros ($2.36 billion).
The consortium comprises of New Zealand-based Infratil Limited and Brookfield Asset Management, Vodafone said.
Vodafone added that, on completion of the deal, it would enter into an deal with Vodafone New Zealand to allow it to use its brand name and certain services
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Written By: Reuters
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