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APA GROUP — M&A Activity 2013
Aug 27, 2013
64398_rns_2013-08-27_92ddeed7-3c30-433e-92b8-1bbb13dd4105.pdf
M&A Activity
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ASX ANNOUNCEMENT
28 August 2013
APA Group (ASX: APA)
(also for release to APT Pipelines Limited (ASX: AQH))
Update on Envestra merger proposal
APA Group (ASX:APA) advises that the Australian Competition and Consumer Commission confirmed it will not oppose APA’s all-share merger with Envestra Limited (ASX: ENV), which was first announced to ASX on 16 July 2013.
APA currently owns 33.0% of Envestra and manages and operates Envestra’s gas distribution networks and pipelines under a long term operating and management agreement.
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Mark Knapman Company Secretary Australian Pipeline Limited
For further information please contact:
Investor enquiries: Media enquiries: Chris Kotsaris David Symons Telephone: (02) 9693 0049 Telephone: (02) 9212 4666 Mob: 0402 060 508 Mob: 0410 559 184 Email: [email protected] Email: [email protected]
About APA Group (APA)
APA is Australia’s largest natural gas infrastructure business, owning and/or operating $12 billion of energy assets. Its gas transmission pipelines span every state and territory on mainland Australia, delivering approximately half of the nation’s gas usage. APA has direct management and operational control over its assets and the majority of its investments. APA also holds minority interests in energy infrastructure enterprises including Envestra, SEA Gas Pipeline, Energy Infrastructure Investments and GDI.
APT Pipelines Limited is a fully owned subsidiary of Australian Pipeline Trust and is the borrowing entity of APA Group.
For more information visit APA’s website, www.apa.com.au
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