AGL: Notification of receipt of NGC proceeds
Posted: 14 December 2004
The Australian Gas Light Company (AGL) has completed the divestment of its 66.05 per cent shareholding in NGC Holdings Limited (NGC) following the receipt of proceeds from Vector Limited (Vector).
Net proceeds of approximately A$760 million (after transaction costs) are expected.
The completion of this transaction is in accordance with the timetable previously outlined to the market.
For more information see www.aglinvestor.com
Posted by Richard Price,
Editor EnergyME.com
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