Street Talk

APA contests $17b AusNet deal, big adviser group on board

Anthony Macdonald, Yolanda Redrup and Kanika Sood

Sep 21, 2021 – 9.18am

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APA Group has joined the race for ASX-listed AusNet Services.

The pipelines company has lobbed a cash and scrip bid valuing AusNet at $2.60 a security, in a deal announced on Tuesday morning.

Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au