“Today I have advised the consortium led by CK Asset Holdings Limited (CK Group) of my preliminary view that its proposed acquisition of APA Group would be contrary to the national interest.
APA Group notes the attached media release by the Australian Federal Treasurer advising his preliminary view on the trust schemes under which the CKI Consortium proposes to acquire all of the stapled securities in APA (Schemes).
“Today I have advised the consortium led by CK Asset Holdings Limited (CK Group) of my preliminary view that its proposed acquisition of APA Group would be contrary to the national interest.