SYDNEY: Australian natural gas transmission company AusNet Services has agreed to a binding takeover offer from a consortium including Brookfield Asset Management in a deal that values the business at A$10.2bil (US$7.7bil or RM32bil).
AusNet said its board unanimously supports the A$2.65 (RM8.25) per share offer from the group, which also includes pension funds Sunsuper Pty Ltd, Alberta Investment Management Corp, the Investment Management Corp of Ontario and Healthcare of Ontario Pension Plan. Including debt, the deal is worth A$17.8bil (RM55bil), Ausnet said in a statement yesterday.
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