Business Services Industry

AlintaGas, AMP set to buy local Aquila assets.

Australasian Business Intelligence, April, 2003

Apr 22, 2003 (The Courier-Mail - ABIX via COMTEX)

AMP Henderson Global Investors and AlintaGas are reportedly close to acquiring the Australian assets of US utility group, Aquila Incorporated. Shares in both AlintaGas and United Energy have been placed in a trading halt pending a 23 April 2003 announcement expected to detail particulars of the acquisition. Aquila holds a 34 per cent stake in United Energy and a 22.5 per cent stake in Multinet Gas, managed by United Energy. Aquila and United Energy also jointly own a 45 per cent stake in AlintaGas.

Publication Date: 23 April 2003

UNITED ENERGY LIMITED - ASX UEL: 

ALINTAGAS LIMITED - ASX ALN:

AMP HENDERSON GLOBAL INVESTORS

LIMITED:

MULTINET GAS:

AMP LIMITED -...

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