Alinta Ltd's hopes of acquiring Sydney-based The Australian Gas Light Company have taken a small but notable step forward after the two companies finalised a confidentiality agreement.
Alinta's advisers met with advisers of Australian Gas Light Company to discuss & agree on a protocol for furthering Alinta's proposal to merge the two companies.
THE past week has been one of headlines and highlights for Alinta, with the Western Australian gas utility announcing a record net annual profit of $239.8 million and flagging its intention to pursue
Perth energy company Alinta Ltd has unveiled a new effort to create Australia's biggest energy player with an $11 billion proposal to merge its business with Australian Gas Light Company Ltd.
Alinta Ltd 7-Oct-05 Barclays Global Investors Australia Ltd decreased its relevant interest from 15,869,460 ordinary shares (6.32%) to 13,646,935 ordinary shares (5.28%).
OVERWHELMING demand for shares in Alinta spin-off Alinta Infrastructure Holdings has prompted the initial public offering to close three days early.Originally scheduled to close on September 23, the o
ENERGY player Alinta has flagged its intention to spin-off utility infrastructure assets acquired from Duke Energy Corporation last year in an initial public offering worth $868 million to the gas uti
Last week's State Scene lifted the veil on the unwitting moves by Premier Geoff Gallop and Energy Minster Eric Ripper that are helping Alinta further tighten its stranglehold over Western Australia's domestic and industrial gas markets.
SMALL gas users face little prospect of change in the choice
of supplier despite Western Australia's market having opened to full
competition on May 31.
FAITH was a big word washing around investor circles following the $1.69 billion deal by Alinta to take over the Australian and New Zealand assets of the US-based Duke Energy Group.
The long-running saga over ownership of the Dampier to Bunbury Natural Gas Pipeline is heading towards a climax, with two bidders at the forefront, as Mark Beyer reports.
SEVEN years of work have culminated with WA's gas utility AlintaGas listing on the Australian Stock Exchange.Its listing ceremony drew what some observers described as the biggest turn out for a Perth float for a long time.Within two minutes of the ut
ALINTAGAS shares to the public will cost $2.25 each from September 11.Energy Minister Colin Barnett said the initial public offering represented 55 per cent of the utility's issued capital.The 88 million shares released to the public will raise $1...
MEET WA'S $319.5 million man.Last year, independent MP Mark Nevill, who holds the balance of power in the Legislative Council, cast his deciding vote in favour of the sale of AlintaGas.
