Business Services Industry
Alinta float of Duke Energy assets not ruled out.
Australasian Business Intelligence, August, 2005
Aug 09, 2005 (The Australian Financial Markets Newsletter -
INSTO - ABIX via COMTEX) -- Alinta is reviewing the long-term ownership structure of the assets bought from Duke Energy in April 2004. The management of the Western Australian gas retailer has not ruled out placing the assets in a new listed
vehicle. Management says Alinta will retain a stake in the assets of about 20 per cent whatever ownership structure is selected. The parent group expects to receive proceeds
of over $A500 million if a transaction proceeds.
Publication Date: 5 August 2005
ALINTA LIMITED - ASX ALN: DUKE ENERGY CORPORATION
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