Bridget Carter of DataRoom in 'The Oz' (to be in the paper tomorrow) has an article just posted online that says:
"The nation’s largest gas pipeline owner, APA Group, is sending strong signals into the market that it plans to retreat in the battle for $10bn electricity asset owner AusNet..."
She goes into detail but I thought this announcement above by APA made it pretty clear that it's unlikely to do anything more (unless the FIRB suddenly rejected the opposing bid), so in a sense she seems to be repeating old news.
Ann: APA notes AusNet Scheme Implementation Deed, page-4
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