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SYDNEY: Australian natural gas transmission company AusNet Services has agreed to a binding takeover offer from a consortium including Brookfield Asset Management in a deal that values the business at A$10.2bil (US$7.7bil or RM32bil).
The APA Group will remain “financially disciplined” after losing out on AusNet. Despite the lobby efforts of APA Group, AusNet Services has agreed to a binding takeover offer from Brookfield in a
The takeovers panel deemed the eight weeks of exclusive due diligence that AusNet granted its heavyweight Canadian suitor “anti-competitive.”