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Spark bid at 1.37x RAB, walk on – The Australian Financial Review

Macquarie analysts run the numbers on Spark takeover multiples.

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Ontario Teachers Pension Plan and KKRs joint bid for Spark Infrastructure valued the group at 1.37-times its regulatory asset base or 12.1-times earnings, according to Macquarie equities research analysts.
Spark revealed on Thursday morning that the Ontario/KKR…

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