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Oct 25 (Reuters) - APA Group (APA) : AUSNET GRANTS DUE...

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    25/10/21
    12:45
    Post #: 57046442

    Oct 25 (Reuters) - APA Group (APA) :

    • AUSNET GRANTS DUE DILIGENCE ACCESS TO APA,APA-AST.AX
    • APA HAS AGREED TO GRANT REVERSE DUE DILIGENCE ACCESS TO AUSNET
    • AUSNET BOARD NOTES THAT THERE IS NO CERTAINTY THAT EITHER BROOKFIELD OR APA WILL SUBMIT A BINDING PROPOSAL
    • CONTINUING TO PROVIDE BROOKFIELD WITH DUE DILIGENCE ACCESS AND CONTINUING TO ENGAGE WITH BROOKFIELD ON ITS PROPOSAL
    • DUE DILIGENCE ARRANGEMENTS WITH APA ARE NON-EXCLUSIVE
    • NOTES THAT THERE IS NO CERTAINTY THAT EITHER BROOKFIELD OR APA WILL SUBMIT A BINDING PROPOSAL
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