First Sentier and its bankers have been holding confidential meetings with interested parties, keen to see whether there’s someone willing to pay up for a chunky stake.
It’s not for everyone. Not all investors are convinced that gas infrastructure’s future is as bright as electricity, which is why the bids are rolling in for AusNet/Spark/ElectraNet and not APA Group, and particularly in NZ.
The cancer care provider has scooped up $1.165 billion in an all-Australian dollar TLB deal this week, thanks to support from big superannuation funds.
While the revered panel hasn’t said boo for the past eight days, it is clearly looking into BGH Capital’s request to level the playing field at Virtus.
