Solid Energy sales process achieves strong outcome
Sale and purchase agreements have been signed for the majority of Solid Energy’s key mining assets following a successful sales process that is projected to deliver outcomes in excess of forecast expectations. The sales process encompassed the company’s mining assets across the country, which were offered for sale as a whole or in parts. The… Read more »
New Zealand state owned enterprises (SOEs) must disclose conditions of material transactions entered into and information that has an impact on their commercial value, as well as providing detailed financial results at the end of each half and full financial year. Solid Energy’s current materiality threshold for disclosure is $25 million.