The sale is set to be completed in the third quarter of Spark's 2025 financial year.
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Spark New Zealand completed a sale of its remaining 17 per cent stake in independent tower unit Connexa to Canada-based CDPQ for NZD314 million ($182.3 million), with majority shareholder Ontario Teachers' Pension Plan to sell 33 per cent of its stake to the global investment group.
The sale is set to be completed in the third quarter of Spark's 2025 financial year.
The telco is on a quest to raise $1 billion.
New Zealand-based FirstCape Group has built up more than a 5 per cent stake in the country's largest telecom operator Spark, which cut its profit...
New Zealand-based FirstCape Group has built up more than a 5 per cent stake in the country's largest telecom operator Spark, which cut its profit...
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