Australian Utilities Trust has acquired a further 33. 5 per cent stake in electricity transmission specialist company ElectraNet, in a deal worth over $1 billion. Firm: Johnson Winter & Slattery
KUALA LUMPUR: YTL Power International Bhd has divested its 33.5% stake in ElectraNet Pty Ltd in Australia to Australian Utilities Pty Ltd as trustee of Australian Utilities Trust for a sale consideration of A$1.026bil (approximately RM3.075bil).