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Australian energy company AusNet Services will reopen talks about a potential AU$10 billion ($7.4 billion) takeover by APA Group after an Australian regulator ruled Friday that an exclusivity agreement the target had with a competing bidder will expire next week.
Australian energy company AusNet Services will reopen talks about a potential AU$10 billion ($7.4 billion) takeover by APA Group after an Australian regulator ruled Friday that an exclusivity agreement the target had with a competing bidder will expire next week.
Rising bond yields, a fall in the price of iron ore and a bullish tilt from the Federal Reserve combined to drag the Australian sharemarket to a four-month low.
Part of a five-year deal between AusNet Services and Microsoft
Recovery efforts are underway across Wellington Shire following last week's destructive weather, as authorities keep one eye on this week's forecast.