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APA Group puts a bomb under takeover target AusNet Services

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Pipeline owner APA Group wants to blow up the exclusive eight-week due diligence arrangement AusNet Services has granted rival bidder Canada’s Brookfield, lodging a complaint with the Takeovers Panel and upping the ante in the heated fight for the electricity transmission company.

APA Group chairman Michael Fraser is leading a strategy to take over AusNet. Michel O'Sullivan

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Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au

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    Original URL: https://www.afr.com/companies/energy/apa-group-puts-a-bomb-under-takeover-target-ausnet-services-20210923-p58u7x