MARKETS

APA confirms talks to buy BassLink

RESPONDING to what it called “media speculation”, the Aussie pipeline giant APA Group, which also operates some renewable energy assets, told the market this morning it had submitted a confidential, conditional and incomplete proposal to Keppel Investment Trust.

The BassLink cable

The BassLink cable

It is in exclusive discussions to acquire KIT's BassLink interconnector between Tasmania and Victoria, but cautioned there was no guarantee they would go anywhere. BassLink owns and operates the...

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