One hurdle remains for Chinese takeover of Australian natural gas pipelines and storage
Australian regulators said they would not oppose the A$13 billion (US$9.8 billion) acquisition of natural gas pipeline company APA Group by the CK Consortium of Hong Kong after the Chinese company agreed to sell-off some assets in Western Australia.
Australian owner of pipelines to LNG plants and other facilities gives update on China offer
Australian pipeline company APA Group that controls key connections across the country and to LNG export plants has updated shareholders on the A$13 billion (US$9.8 billion) takeover offer it received in June from a Chinese consortium.
Chinese group bids US$9.8Bln to control most of Australia's natural gas and LNG plant pipelines
Australian pipeline company APA Group that controls connections to LNG plants in the states of Queensland and Western Australia and is building a pipeline to a new FLNG import project near Melbourne has received a A$13 billion (US$9.8 billion) takeover offer from a Chinese consortium
