Treasurer Josh Frydenberg said the deal would lead to undue concentration of foreign ownership by a single company in one of Australia’s most significant gas transmission businesses. Photo: Handout
Hong Kong conglomerate CK Group’s US$9.4 billion bid for gas pipeline operator blocked by Australia
- Treasurer Josh Frydenberg says buyout of APA Group against ‘national interest’
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Cheung Kong
Treasurer Josh Frydenberg said the deal would lead to undue concentration of foreign ownership by a single company in one of Australia’s most significant gas transmission businesses. Photo: Handout