NSW electricity distributor Endeavour Energy’s existing investor, Macquarie Asset Management, has emerged as the buyer of superannuation fund Rest’s 12.6 per cent stake, after a five-month-long process run by Barrenjoey.
It’s been a week since Barrenjoey collected first round bids for REST Super’s 10 per cent stake in NSW electricity distributor Endeavour Energy, and the auction looks like it’s ready to drift away into the pre-emption territory.
Transgrid has been forced to defend itself in court against discrimination and breach of contract by a female executive who was beaten to a promotion by a man, who she claimed stared at her breasts.
Big infrastructure extracts its price 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.
Transurban cements control of Sydney toll roads 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.