MARKETS

Tis the season: CKI lobs $13B bid at APA 

APA GROUP announced this morning a subsidiary of Hong Kong's CK Investments had proposed an unsolicited A$13 billion takeover for the pipeliner in a move that would increase its grip on Australia's infrastructure. 

Tis the season: CKI lobs $13B bid at APA 

The announcement came a day after APA announced it had signed two agreements with AGL Energy to progress the energy company's Victorian LNG import terminal plans.    CKI has made an indicative non-binding...

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