Here's some new information about APA Group's knockout bid for Alinta’s Pilbara power assets.
As Street Talk was reliably informed, APA was going toe-to-toe with $US16 billion ($24.7 billion) investor Morgan Stanley Infrastructure Partners in the final days of the auction. At the time, we reported MSIP was preparing to lob a binding bid before the August 14 deadline.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
