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Bids in for Rest's SEA Gas stake, eyes on APA Group afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Rest mulls options for SEA Gas pipeline, tests buyer appetite Save Share Thereâs arguably never been a better time to sell Australian infrastructure assets â and industry superannuation fund Rest is thinking about getting in on the action. It is understood Rest is considering options for its 50 per cent stake in SEA Gas, which owns and operates a 700km underground high pressure natural gas pipeline and transmission system from Port Campbell in Victoria to Adelaide. The SEA Gas pipeline was constructed in the early 2000s to transport gas from Victoria to Adelaide. Â James Davies JGD Rest is understood to have hired investment bank Lazard for help with the review, and has had its bankers quietly testing the appetite of potential buyers to see whether it get enough interest for an auction. ....