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MARKETS

AusNet receives A$9.6 billion takeover bid from Brookfield

TRANSMISSION company AusNet has announced it has received a A$9.6 billion takeover bid from Canadian investment giant Brookfield Asset Management, sending its share prices soaring nearly 20%.

Mark Tilly
Another big move on an Oz infrastructure owner

Another big move on an Oz infrastructure owner

  AusNet is dual-listed on both the Australian and Singapore stock exchanges, with Singapore Power holding a 31.1% interest and China's State Grid Corporation holding a 19.9% interest and the rest being...

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