Alinta Energy is now understood to be set on selling all of the West Australian assets it has on offer, rather than just 80 percent stakes, and the understanding is that offers have landed between $1 billion and $1.5 billion.
APA (ASX:APA) and Fortescue Metals (ASX:FMG) are in the final stage of the race. There have been suggestions that Macquarie Capital and joint venture partner BP have fallen away.
"There is intense competition for the Alinta assets, and APA and Fortescue are currently leading the race," said an industry insider. "Macquarie Capital and BP, on the other hand, appear to have dropped out of the running."
https://www.finnewsnetwork.com.au/archives/finance_news_network425724.html
Alinta Energy is now understood to be set on selling all of the...
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
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| FMG (ASX) Chart |