Australian Utilities Trust has acquired a further 33. 5 per cent stake in electricity transmission specialist company ElectraNet, in a deal worth over $1 billion. Firm: Johnson Winter & Slattery
The $18 billion deal, which received huge investor support, comes weeks after Spark also passed into private hands and will leave no ASX-listed power network owners.
AusNet Services said Monday that it has agreed to a roughly AU$10.2 billion ($7.7 billion) takeover by Canada's Brookfield Asset Management, although the Australian energy company left the door open for competing suitors to make rival bids.
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