(Bloomberg) -- Babcock & Brown Infrastructure Group,
an Australian owner of ports, power cables and gas networks, said
it may appeal the rejection by a U.S. regulator of its $2.2
billion bid to acquire NorthWestern Corp.
The Sydney-based company is taking legal advice and is
considering all options in relation to the rejection of proposed
acquisition of the South Dakota-based utility by the Montana
Public Service Commission, Chief Executive Officer Steven Boulton
said today. Babcock Infrastructure shares had their biggest fall
for more than two months.
Read more at Bloomberg Energy News
an Australian owner of ports, power cables and gas networks, said
it may appeal the rejection by a U.S. regulator of its $2.2
billion bid to acquire NorthWestern Corp.
The Sydney-based company is taking legal advice and is
considering all options in relation to the rejection of proposed
acquisition of the South Dakota-based utility by the Montana
Public Service Commission, Chief Executive Officer Steven Boulton
said today. Babcock Infrastructure shares had their biggest fall
for more than two months.
Read more at Bloomberg Energy News
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