The Distillery: Envestra confidence

Scribes reckon APA Group has Envestra in the bag, though one argues the move's more about muscle than cost cutting.

APA Group chief executive Michael McCormack has built the company up from single digit employees to something jostling for a spot in the top 40 listed Australian companies. The gas pipeline operator’s merger proposal with Envestra is a logical next step and is unlikely to be derailed by a rival proposal.

Also in this morning’s edition of The Distillery, the politics of climate change and the carbon tax get some much needed attention from the business writers.

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