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MQG Macquarie Group Limited

188.365
-0.635 (-0.34%)
Last Updated: 04:50:54
Delayed by 20 minutes
Share Name Share Symbol Market Type
Macquarie Group Limited ASX:MQG Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.635 -0.34% 188.365 188.32 188.41 191.43 188.30 190.50 287,934 04:50:54

Macquarie Group Makes Offer for Stake in National Grid's Gas Networks, Bloomberg Reports

18/02/2022 10:38am

Dow Jones News


Macquarie (ASX:MQG)
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From Apr 2021 to Apr 2024

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--Macquarie Group Ltd. has made an initial non-binding offer for a majority stake in National Grid PLC's gas transmission business, Bloomberg reports.

--The Australian group's offer could value the asset at more than $10 billion, Bloomberg says.

--Deliberations are continuing and no final decisions have been taken, according to Bloomberg.

--National Grid's gas transmission assets have also drawn interest from infrastructure specialist IFM Investors, Canada's Public Sector Pension Investment Board and pension fund investor APG Asset Management, Bloomberg reports.

 

Full story: https://bloom.bg/3LHFgsO

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

February 18, 2022 05:23 ET (10:23 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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