DataRoom AM: Frasers in control

Frasers Centrepoint has managed to claim control of Australand just in the nick of time, while Cheung Kong Infrastructure has silenced the doubters on its Envestra bid by securing a controlling stake.

It went down to the wire, but Frasers Centrepoint has safely claimed majority ownership of local property group Australand after one of the most keenly watched takeover battles of the year.

Elsewhere, Cheung Kong Infrastructure obtains control of Envestra, APA Group goes shopping in Queensland and Pepperstone steps up IPO preparations.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles