They say fears are unwarranted as gas transmission is not as large a security risk as telecommunications and electricity.
CK Infrastructure cleared the ACCC hurdle easily but the politics in Canberra make FIRB approval much less predictable.
The competition watchdog has approved Hong Kong-based utility firm CKI’s $13 billion takeover bid for gas pipeline company APA but government uncertainty has put final foreign investment approvals under a cloud.
The Liberal Party leadership crisis has ratcheted up uncertainty over whether Hong Kong-based utility firm CKI’s $13 billion takeover of gas pipeline giant APA will get the go-ahead.
Leaders of some of the country's biggest businesses have issued a plea for an end to uncertainty.
'Boring as batshit'performance sets APA on track to reach two decades of consistent increases in earnings and dividend payouts.
Gas pipeline company APA’s decision to back a takeover by Hong Kong-based firm CKI is not a done deal and still needs to pass numerous watchdog hurdles.
Our east coast gas pipeline grid was designed on the back of a beer coaster,that might explain a lot.
The board of Australian gas pipeline giant APA has unanimously backed Hong Kong-based utility firm CKI’s $13 billion takeover but shareholders are split on the sale.
Australia's energy sector expects more takeovers,but at least one gas company believes the price peak may have passed.
The takeover target controls or operates nearly every single major pipeline that connects Melbourne,Sydney and Brisbane to the gas fields.