British telco giant Vodafone offloads NZ business to Brookfield, Infratil
May 13, 2019 at 20:21 PM EDT
Vodafone Group Plc on Monday agreed to sell its New Zealand business for NZ$3.4 billion ($2.23 billion) to a consortium comprising of New Zealand-based Infratil Ltd and Canada's Brookfield Asset Management, in a deal the telecom giant says would help reduce its debt.
