AST ausnet services limited
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News: AST Ausnet Services Says It's In Best Interest Of Co's Shareholders To Engage with Brookfield

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    21/09/21
    20:30
    Post #: 56247986

    Sept 21 (Reuters) - AusNet Services Ltd (AST) :

    • BOARD OF AUSNET CONCLUDED THAT APA ORIGINAL INDICATIVE PROPOSAL WAS INFERIOR IN RESPECT OF PRICE FORM OF CONSIDERATION
    • IT WAS IN BEST INTERESTS OF AUSNET SHAREHOLDERS TO ENGAGE WITH BROOKFIELD ON ITS PROPOSAL
    • WILL CONSIDER APA REVISED INDICATIVE PROPOSAL AND HAS ABILITY TO ENGAGE WITH APA AFTER EXCLUSIVITY PERIOD
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