STIRLING: Duxton Water announced Thursday it has agreed to sell 30,614 megalitres of water entitlements to the Australian Federal Government for approximately $121.3 million. The sale is part of a government initiative to enhance environmental water flows in the Murray-Darling Basin. The transaction, conducted at a premium to Duxton Water’s current net asset value, includes high…
All posts tagged Australian Government
Telstra partners Australian Gov’t to acquire Digicel Pacific for $1.6bn
SYDNEY, AUSTRALIA: Telstra partnered with the Australian Government to acquire the Digicel business in the South Pacific region for US$1.6 billion. Moreover, an additional US$250 million to be paid subject to business performance over the next three years. The Digicel business will be owned and operated by Telstra. Telstra is contributing US$270 million of equity…