Spark’s $5.2b takeover tactics are well received

Original article by Elouise Fowler
The Australian Financial Review – Page: 12 & 18 : 24-Aug-21

Shares in Spark Infrastructure rose by two per cent on 23 August after it was revealed its board had agreed to a $5.2 billion takeover offer from a consortium led by private equity firm Kohlberg Kravis Roberts and the Ontario teachers’ pension fund. Dougal Maple-Brown from Maple-Brown Abbott, which owns a stake in Spark, said that the Spark board had done a good job in getting the consortium to increase its original offer, while the transaction will be undertaken by means of a scheme of arrangement

CORPORATES
SPARK INFRASTRUCTURE GROUP – ASX SKI, KOHLBERG KRAVIS ROBERTS AND COMPANY, ONTARIO TEACHERS’ PENSION PLAN, MAPLE-BROWN ABBOTT LIMITED

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