DataRoom AM: BG’s pipeline pricetag

BG Group readies itself for first-round bids of its Queensland pipeline assets, while Seven West Media goes on the hunt for international expansion opportunities.

As the pricetag for BG Group’s Queensland pipeline assets becomes clear, the field of suitors is also beginning to settle. And while at least five bids are believed to be forthcoming today, it may already be a race in three.

Elsewhere, Kerry Stokes’ Seven West and Seven Group are getting their toes wet offshore, speculation emerges that REA Group recently considered a major expansion play in the US and a big block trade in Veda Group stock is being prepped.

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