Australian shares finished on solid footing on Tuesday after Monday’s iron ore-led wipeout thumped materials stocks and Wall Street was ensnared by the Evergrande mess, where the Chinese developer appears set to miss a bond payment deadline.
A bidding war for AusNet Services pushed its stock to a record high as APA Group sought to topple Brookfield’s approach just a day earlier.
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Vesna Poljak was The Australian Financial Review’s companies editor.
