DataRoom AM: NSW sparks fly

The NSW government’s plan to offload electricity networks has investment banks whirring, while Seven Group looks ready to pounce on the energy sector.

It’s all systems go on plans for a partial sale of poles and wires in New South Wales, leaving investment banks with a widening pipeline of opportunities.

Elsewhere, Seven Group prepares for a rapid energy expansion, Pacific Brands may again be in the sights of private equity and Apollo Global Management finds a way to cash in on its Nine Entertainment stake while remaining in an escrow period.

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