Frydenberg makes final prohibition of CK takeover of APA  

TREASURER Josh Frydenberg, overseeing the Foreign Investment Board, has formally prohibited CK Group’s takeover of APA Group yesterday after first flagging it two weeks ago. 

Frydenberg makes final prohibition of CK takeover of APA   Frydenberg makes final prohibition of CK takeover of APA   Frydenberg makes final prohibition of CK takeover of APA   Frydenberg makes final prohibition of CK takeover of APA   Frydenberg makes final prohibition of CK takeover of APA  
 
APA and CK have now terminated their implementation agreement and the bidder's A$13 billion takeover proposal won't proceed.