November 09, 2021 | Energy | Australia | Ended

AusNet Services / Brookfield Asset Management: Deal Insights

Following a series of overtures over the past two months, on 1-Nov-21, Australian power and gas distribution company AusNet Services agreed to an all-cash takeover by a four-firm investment consortium led by Canada’s Brookfield Asset Management. Other co-investors include Australia’s Sunsuper Superannuation Fund, Alberta Investment Management Corporation, the Investment Management Corporation of Ontario, and the Healthcare of Ontario Pension Plan. The offer consideration of AUD 2.65 per share represents a ...

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