Vodafone offloads NZ business to Brookfield, Infratil for $2.36 billion

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Vodafone Group Plc said on Monday that it had agreed to sell its New Zealand bus...

- Vodafone Group Plc said on Monday that it had agreed to sell its New Zealand business for about 2.1 billion euros to a consortium comprising of New Zealand-based Infratil Ltd and Canada’s Brookfield Asset Management.

Deutsche Bank and Deutsche Craigs Limited are acting as financial advisers to Vodafone, the company said. Its newly installed Chief Executive Officer Jason Paris had said in November that the company would look to go public in 2020.

 

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