AusNet has signed a takeover agreement with Canadian asset manager Brookfield, knocking APA Group out of the acquisition race.
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AusNet grants APA due diligence
AusNet Services announced it has agreed to grant due diligence access to APA Group following entry into a confidentiality deed with the company earlier this month.
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APA $10b bid to AusNet still stands
The takeover tussle continues as APA Group extends the deadline on its bid to acquire AusNet shares over rival Brookfield.
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APA ‘superior proposal’ to AusNet
APA has reported that the merger would create Australia’s ‘flagship’ energy infrastructure business through the acquisition of AusNet.
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APA lobbies $10b in bidding war for AusNet
The Australian pipeline giant lobbied a $9.96 billion bid in an attempt to secure AusNet Services over rival bidder Brookfield.
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