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Citi’s Alex Cartel misfires on AusNet – The Australian Financial Review

Cartel’s advice to his client has just been comprehensively thrown out by the Takeovers Panel he leads.

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The Takeovers Panel forced open the data room at AusNet Services on Friday, ruling that the way in which Peter Masons board granted eight weeks of exclusive due diligence to bidder Brookfield was unacceptable. AusNets other suitor, APA Group, will now commence…

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