(Bloomberg) -- Babcock & Brown Ltd. and Singapore Power Ltd. won a takeover battle for Alinta Ltd., Australia's biggest energy transmission company, with a A$7.9 billion ($6.5 billion) bid, edging out a rival offer from Macquarie Bank Ltd.
The offer valued at A$16.06 a share is more than A$1 higher than a previously agreed bid, Perth-based Alinta, said in a statement today.
Read more at Bloomberg Energy News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment