Oct 15 (Reuters) - AusNet Services Ltd (AST) :
- AUSNET TO ENGAGE WITH APA FOLLOWING TAKEOVERS PANEL ORDERS
- INTENDS TO CONTINUE PROVIDING BROOKFIELD WITH DUE DILIGENCE ACCESS IN PARALLEL WITH ANY DUE DILIGENCE ACCESS GRANTED TO APA
- NOTES THERE IS NO CERTAINTY THAT EITHER BROOKFIELD OR APA WILL SUBMIT A BINDING PROPOSAL
- CONFIDENTIALITY DEED WITH BROOKFIELD CONTAINS PROVISION, FOR AUSNET TO REIMBURSE BROOKFIELD'S TRANSACTION COSTS UP TO A$5 MLN CAP
- PROPOSES TO ENGAGE WITH APA FOR ITS PROPOSAL BY GRANTING APA ACCESS TO DUE DILIGENCE SUBJECT TO PARTIES SIGNING CONFIDENTIALITY DEED
News: APA AusNet Services Says Co To Engage With APA Following Takeovers Panel Orders
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