It’s popcorn time at AusNet Services, with the company’s $18.2 billion deal to come to a head this week.
While AusNet’s biggest securityholder Singapore Power and its rank and file institutional and retail investors are expected to vote in favour of Brookfield and friends’ $2.65 a security bid, all eyes are on wildcard investor State Grid Corporation of China.
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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
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