Street takeover5/22/2023 However, APA’s bid might kick the competition regulator into action, over potential market concentration in Victoria from AusNet and APA’s combined assets. UBS sell-side analysts led by Tom Allen think APA will play on Brookfield’s risk of getting approval from the Foreign Investment Review Board (FIRB) to nudge the AusNet board into breaking the exclusivity period. UBS: APA bid not enough to cut into Brookfield’s exclusivity Here’s what the sell-side analysts are telling clients:
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