AST ausnet services limited
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News: AST Australia's APA Group heads to Takeovers Panel against AusNet Services

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    23/09/21
    13:50
    Post #: 56296526

    Sept 23 (Reuters) - Australia's APA Group (APA) on Thursday approached the government's Takeovers Panel expressing dissatisfaction with buyout target AusNet Services (AST) sticking to an exclusivity agreement with Canada's Brookfield Asset Management BAMa.TO .

    APA made an application of unacceptable circumstances to the Takeovers Panel, two days after it raised its offer to A$9.96 billion ($7.22 billion) for the energy infrastructure firm.

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