Chow Tai Fook Enterprises to buy Alinta Energy for $3.1 billion, subject to FIRB approval
( March 16, 2017, 02:26 GMT | Official Statement) -- MLex Summary: Chow Tai Fook Enterprises has agreed to buy 100 percent of the issued shares in Sydney-headquartered gas and electricity retailer Alinta Energy, subject to approval by Australia's Foreign Investment Review Board. The deal, worth A$4 billion ($3.07 billion) according to media reports, would be Hong Kong-based CTFE's first significant investment in the energy sector in Australia.The company's full statement follows: ...
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