(EnergyAsia, August 31) — Australian Pipeline Trust (APA) has announced its intention to make a cash offer to acquire all the stapled securities in GasNet Australia Group (GAS) for A$3.10 per GAS stapled security. This offer values the stapled securities in GAS at approximately A$452 million. (US$1=A$1.33). APA’s offer is at a 7.6% premium…
AUSTRALIA: Pipeline trust announces cash takeover offer for GasNet Australia
Posted on August 31, 2006 by EnergyAsia