Report
Phillip Zhong
EUR 100.00 For Business Accounts Only

Little Impact to our FVE from APA Deal Rejection, CK Asset Shares Attractively Priced

While the bid cleared competition watchdog hurdles, Australia’s Treasurer has indicated he is likely to block a consortium of CK Asset, or CKA, CK Infrastructure Holdings, or CKI, and Power Assets Holdings, or PAH, from acquiring gas transmission company APA Group. The final decision will be made in two weeks and unless the consortium is able to provide assurances or tweak the deal to appease security concerns that too many of the key gas pipelines are in foreign hands, the rejection is a sure t...
Underlying
CK Asset Holdings Limited

CK Asset Holdings and its subsidiaries are engaged in the property development and investment; hotel and serviced suite operation; property and project management; and aircraft leasing business.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Phillip Zhong

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