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APA Group

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APA Group has made a $10 billion bid for AusNet.

APA fails to force AusNet to table with $10 billion takeover bid

Gas pipeline giant APA Group has turned the takeover interest in AusNet Services into a two-horse race, lobbing a $9.96 billion bid for the power grid owner on Tuesday intended to squeeze out rival suitor Brookfield. 

  • Patrick Hatch

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The ASX had a choppy week.

Chinese cheer pushes ASX close to fresh record high

The local bourse ended the session just shy of a new all-time high, as surprisingly strong data out of China helped drive gains.

  • Lucy Battersby
APA has invested in several new renewable energy plants as well as gas pipelines

APA flags more growth after investing in new pipelines, renewable energy

The gas pipeline giant has recorded an 8.8 per cent increase in net profits and tips rising earnings and dividends for the year ahead.

  • Ben Weir
Federal Reserve Bank of San Francisco president John Williams,

ASX dips as Fed comments overshadow markets

The prospect of aggressive interest rate cuts saw several local stocks fall with the big miners bucking the trend.

  • William McInnes
Rob Wheals will officially step into the role of APA CEO on July 6.

Gas giant APA appoints new CEO

Gas pipeliner APA has announced Rob Wheals as the group’s the new chief executive, replacing founder Mick McCormack who will retire in July.

  • Cole Latimer
APRA's head of insurance, Geoff Summerhayes.

'Legally forseeable': Regulators warn companies on climate change risks

Company boards are under pressure from financial regulators to ramp up disclosures and take greater action on risks posed by climate change.

  • Nick Toscano, Cole Latimer and Anthony Colangelo
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Soon to retire APA chief executive Mick McCormack said renewables on the edge of the grid will be 'dusted' financially.

Gas chief McCormack says renewables on grid's fringe will be 'dusted'

Australian gas pipeline monopoly chief Mick McCormack said wind and solar projects built on the grid’s fringes will be ‘dusted’ as he backed 'green gas'.

  • Cole Latimer
APA Group CEO Mick McCormack said market uncertainty caused by political bickering in Canberra was holding Australia back.

Gas chief McCormack urges Canberra to 'play long game on energy'

The head of Australia's gas pipeline monopoly has slammed politicians' shortsighted disputes over energy.

  • Cole Latimer
This year marks the last for CEO Mick McCormack at the helm of APA, after nearly 20 years of leading the business.

APA back on the hunt for US acquisition after CKI takeover 'distraction'

The gas pipeline company comes out on top after a year of uncertainty caused by a failed takeover bid and the looming departure of its founder.

  • Cole Latimer
APA chief executive Mick McCormack: "In deciding to call time, I know that the company is in a strong position."

'This shouldn't be a surprise': APA chief Mick McCormack to retire

Mick McCormack, the founder of gas pipeline monopoly APA, will leave the company in 2019.

  • Cole Latimer

Original URL: https://www.theage.com.au/topic/apa-3o