CORRECT: Infratil expects offers for Australian energy assets by mid-July

Thu, 19 Jun 2014

(Corrects earnings figures for IEA in the third paragraph) June 19 (BusinessDesk) - Infratil, the energy, airport and transport investor, said it has provided interested parties with a confidential information memorandum on its Infratil Energy Australia (IEA) business and expects indicative offers for the assets by mid-July. The Wellington-based investor, which is managed by Morrison & Co, flagged with its results last month that it had started a review of the Lumo and Direct Connect Australia units of IEA to determine whether to sell the...

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