Australias Spark Infra rejects $3.7 bln bid, but leaves door open for talks
Australias Spark Infrastructure on Thursday rejected a A$4.91 billion ($3.67 billion) takeover bid by a consortium that included private equity giant KKR Co Inc, but kept its door open to further talks, sending its shares up nearly 8%. The second bid from KKR and Ontario Teachers Pension Plan Board of A$2.80-per-share was 10 cents []
Australias Spark Infra rejects $3.7 bln bid, but leaves door open for talks
Australias Spark Infrastructure on Thursday rejected a A$4.91 billion ($3.67 billion) takeover bid by a consortium that included private equity giant KKR Co Inc, but kept its door open to further talks, sending its shares up nearly 8%. The second bid from KKR and Ontario Teachers Pension Plan Board of A$2.80-per-share was 10 cents []