New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>The Commerce Commission has cleared Contact Energy's acquisition of Manawa Energy, leading to a significant change in earnings.</li><li>Contact Energy must deliver at least NZ$30m in synergy benefits to provide shareholder value.</li><li>The deal positions Contact Energy as the second-largest generator with a significant development pipeline, although additional debt could make further developments challenging without an equity raise.</li></ul>

The Commerce Commission has cleared Contact Energy's acquisition of Manawa Energy, leading to a significant change in earnings.Contact Energy must deliver at least NZ$30m in synergy benefits to provide shareholder value.The deal positions Contact Energy as the second-largest generator with a significant development pipeline, although additional debt could make further developments challenging without an equity raise.

Contact Energy

Contact Energy - Cleared for Takeover