The company that forced power generation Manawa Energy into a trading halt today is Auckland-based commercial and industrial ...
Contact Energy’s CEO & Chairman explain why they’ve been trying to takeover Manawa in secret. Contact Energy’s $2.3 billion bid to acquire Manawa Energy is the gentailer’s attempt to make ...
New Zealand power company Contact Energy has agreed to buy smaller rival Manawa Energy to create a business better able to develop the new generation the South Pacific nation requires. Contact ...
MANAWA – The city of Manawa, in central Waupaca County, has some cleaning up to do. Up to 100 homes, including a nursing home, were evacuated Friday after erosion caused the bank at the edge of ...
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The S&P/NZX 50 Index ended slightly ahead after an up and down day. Energy generator Manawa surged more than 30% on the New Zealand sharemarket after receiving a takeover proposal from Contact ...
The expiry of Manawa Energy’s low-priced contracts for the sale of electricity to Mercury will unlock significant value for its buyer Contact Energy, chief financial officer Dorian Devers told ...
Bell Gully is pleased to be advising Contact Energy (NZX Code: CEN) on its proposed acquisition of NZX-listed Manawa Energy (NZX Code: MNW), through a court-approved scheme of arrangement.
High wholesale prices and the CPI-linked contract with Mercury underpin good earnings growth potential in the medium term, aided by investment to increase generation output.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...