Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 19-Sep-18
Cheung Kong Infrastructure’s $13 billion takeover of pipeline operator APA Group remains subject to approval by the Foreign Investment Review Board. However, One Nation leader Pauline Hanson opposes the deal, arguing that key infrastructure should remain locally-owned, whether by governments or the private sector. Hanson has vowed to campaign against the deal if it receives government approval, while Liberal senator Jim Molan has also called for the deal to be blocked.
APA GROUP – ASX APA, CHEUNG KONG INFRASTRUCTURE HOLDINGS LIMITED, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, ONE NATION PARTY, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIA. DEPT OF THE TREASURY, IFM INVESTORS PTY LTD, HUAWEI TECHNOLOGIES COMPANY LIMITED, CENTRE ALLIANCE