Global Trade Alert
Global Trade Alert

Australia: Government rejects gas pipe takeover by foreign company

Announcement

20 Nov 2018

The Australian Government has rejected the purchase offer made by CK Asset Holdings Limited to buy a gas pipe on the basis of national interest.

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

20 Nov 2018

Revocation date:

No revocation date

Updated: 20 Nov 2018
FDI: Entry and ownership rule In force

On 20 November 2018, the Minister of Treasury of Australia has announced the rejection of the offer made by the Hong-Kong based CK Group to acquire APA Group, that operates a key Australi...

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