Advisers share power spoils

Original article by Will Glasgow
The Australian Financial Review – Page: 3 : 29-May-15

The New South Wales Government has released details of the fees that will be paid to advisers on its proposed sale of the state’s electricity network. Law firm Allens is set to gain a $A28m windfall from the deal, while accounting firm Ernst & Young will be paid $A24.5m. Other companies that will advise the Government on the sale include Deutsche Bank, UBS, WorleyParsons, Newgate Communications and Ansarada.

CORPORATES
ALLENS, ERNST AND YOUNG, DEUTSCHE BANK AG, UBS HOLDINGS PTY LTD, WORLEYPARSONS LIMITED – ASX WOR, NEWGATE COMMUNICATIONS PTY LTD, ANSARADA PTY LTD, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, CHRISTIAN DEMOCRATIC PARTY (FRED NILE GROUP), TRANSGRID, AUSGRID PTY LTD, ENDEAVOUR ENERGY LIMITED

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