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Thursday 14 June 2018 by Thomas Jacquot Company updates

CKI offer for APA considered neutral for AGN, DBNGP and EPG

A consortium comprising CK Infrastructure, CK Asset Holdings and Power Assets Holdings (CKI Consortium) has tabled a non-binding indicative offer to acquire 100% of the securities in APA Group, Australia's largest gas network owned operator.

The CKI Consortium proposed to offer AUD11.00 per stapled security, representing a premium of about 33% over APA's share price prior to the announcement.

Read the full update in the document below.

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Australian Gas Networks
Dalrymple Bay Coal Terminal

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Thomas Jacquot

Thomas joined FIIG Securities in March 2018 and heads the Research team. Thomas has over 15 years’ experience in credit and fixed income markets across Europe, Asia and Australia.

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