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Global group wins A$10.3b bid for Australia power assets

Successful bidders for TransGrid beat rival offers from companies including State Grid Corp of China
Thursday, November 26, 2015 - 05:50

Sydney

INVESTORS from Canada and the Middle East are part of a group that agreed to pay about A$10.3 billion (S$10.5 billion) for an electricity network in Australia's most-populous state, beating rival offers from companies including State Grid Corp of China.

The successful

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