A group of companies controlled by Asia's richest man is seeking to acquire one of Australia's largest natural gas distributors.
May 30, 2014 at 03:12 AM
1 minute read
The original version of this story was published on Global Lawyer News
Minter Ellison and Johnson Winter & Slattery have the lead roles on Hong Kong tycoon Li Ka-shing’s $2.2 proposed billion acquisition of Australian natural gas distributor Envestra Ltd.
A group of companies controlled by Li, including Cheung Kong (Holdings) Ltd., Cheung Kong Infrastructure Holdings Ltd. and Power Assets Holdings Ltd., trumped an earlier $1.8 billion offer for the outstanding 83 percent of Envestra’s shares made by Australia’s APA Group.
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