PIH 0.00% $4.90 prime infrastructure group.

If we go by the ATCO press release today stating they are paying...

  1. 139 Posts.
    If we go by the ATCO press release today stating they are paying ~1 billion (including 644 million of debt) for 100% of WAGN, it means AET&D will only receive 0.741 x ~356 million = ~263 million.

    If we add to that the $168m being paid by DUET for 20% of DBP that gets us to $431m. Frankly I find these results very dissapointing.

    By my calculations our investment (20.1%) in Multinet Gas is being sold for around $40m so that then makes approx $470m.

    We better hope for a good price for Tasmania Gas Pipeline...

    Anyone have different numbers to the above?

    svdm
 
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