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APA Group May Bid For Alinta Assets, Financial Review Reports

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June 29 (Bloomberg) -- APA Group is considering bidding for some of Alinta Energy Ltd.’s assets, the Australian Financial Review reported, citing an interview with APA Managing Director Mick McCormack. APA may look at Alinta’s gas transmission, distribution and gas-fired power generation assets, the newspaper cited McCormack as saying. The company may also be interested in increasing its stake in Envestra Ltd., McCormack said, according to the Review.

Link to Company News:{APA AU <Equity> CN <GO>} Link to Company News:{ENV AU <Equity> CN <GO>} Link to Company News:{AEJ AU <Equity> CN <GO>}

To contact the reporter on this story: Sarah McDonald in Sydney at smcdonald23@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net

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