re: Ann: Pacific Road Agrees to Acquire 10% o...
Taken from Pacific roads website they list transactions they have advised on. They look like they may know a little more about the power industry than the average punter. Welcome aboard Pacific Road and hope we all have a happy and prosperous journey. Recent Transactions:
Power
* Advisor to SP AusNet on the potential A$8 billion acquisition of Alinta assets from Singapore Power * A$170 million acquisition of Directlink by APA Group * A$153 million acquisition of Murraylink by APA Group * A$5.3 billion privatisation of the South Australian electricity assets * Financial advice to Verve Energy * Financial advice to Energy Australia * Advisor to Western Power on the 300MW new base load power station in Perth, Western Australia * Advisor to the South Australia Government on the 500MW Pelican Point power station development * Sale of Southern Hydro to Alliant Energy * Advisor to bidders on the Duke Energy Sale * Sale of State West Power to Wesfarmers * Strategic advice to Government, its entities and large industrial users
Infrastructure
* A$320 million takeover of Infratil Limited * Advice on port developments & acquisitions * Advice on the development of the Sydney Light Rail * Tollroad acquisition advice * Advice on airport acquisition * Advice on pipeline & electricity transmission assets * Advice on rail developments * Engineering services acquisition advice * Advice on major water projects
Resources
* Advice to the Queensland Government on the Aurukun Bauxite Project * Advice to Oxiana on the Sepon gold / copper mine acquisition & project financing * Sale of Todd Energys coal business * Strategic advice on international copper / gold project and magnelite iron ore acquisitions * Advice on coal acquisitions * Takeover of Cudgen by RGC * Sale of Gunpowder Copper Mine * Acquisition of Cobar copper mine * Formation of Pasminco
General M&A
* Advisor to Gunns Limited on its $336 million equity raising * Advisor to Ironbridge on its $200m merger of three Australian drilling companies * Sale of Robt. Stone & Co Limited to Tenix Alliance Pty Limited * Sale of Botanical Foods Company Limited to CHAMP * Acquisition of Hirequip Limited by Nikko Principal Investments * Acquisition of the Myer Department Stores and related property * Acquisition of Home Ideas by Home Ideas New Zealand and AMP Pencarrow * Sale of 50% of CRL to Rangatira * A$335 million acquisition by Gunns of North Forest Products from Rio Tinto * Acquisition by Gunns of Boral sawmill and woodchipping assets * Acquisition of Cashcard by First Data Corporation * Sale of Challenger Superannuation Services * Advice to Vanguard Investments Australia * Sale of Hastings Funds Management to Westpac * Privatisation of the Brisbane Markets * Private Equity transaction advice
CNX Price at posting:
50.7¢ Sentiment: Buy Disclosure: Held