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New Zealand developments affecting M&A transactions
Published on 01 Oct 21 by "THE TAX SPECIALIST" JOURNAL ARTICLE
New Zealand, like Australia, has been experiencing an M&A “boom”, and it is not uncommon for M&A transactions to involve both Australian and New Zealand tax issues, either because the target operates in both countries, or because the transaction is a trans-Tasman transaction. Recent examples include: Ampol’s bid for New Zealand fuel retailer Z Energy; the takeover of Vocus Group (which has operations in New Zealand and Australia); and the divestment by Infratil of its stake in Tilt Renewables.