Page 2 - Secure Assets News Today

Landis+Gyr Group AG (SIX: LAND), a leading provider of integrated energy management solutions, today announced that its subsidiary Landis+Gyr Pty Ltd. has entered into an agreement to sell its ownership in Intellihub Operations Pty Ltd ("Intellihub") for over AUD 310 million in total. The buyer, global asset manager Brookfield will become a strategic investor in Intellihub

Brookfield has emerged as the winner in the auction for smart metering business Intellihub.