By Nathan Lead
01 September 2022, 10:00 AM
Atlas Arteria (ASX:ALX) released its 1H22 result, provided first-time guidance for the next two distributions and an update
on the IFM takeover approach.
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By Nathan Lead
12 November 2021, 9:30 AM
AusNet Services (ASX:AST) released its 1H22 result, albeit it was a non-event given the agreed takeover by Brookfield.
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By Nathan Lead
27 October 2021, 10:30 AM
Aurizon Holdings (ASX:AZJ) will acquire One Rail, subject to ACCC approval, with plans to divest One Rail's East Coast Rail.
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By Nathan Lead
21 October 2021, 8:30 AM
The rebound in APRR traffic back to trend was a highlight of the Q3 data.
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By Nathan Lead
19 October 2021, 7:30 AM
We adjust our DCF valuation approach to concession-based assets, and also update our modelling for spot FX, traffic, and valuation roll-forward.
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By Nathan Lead
18 October 2021, 9:30 AM
Adjusting our valuation approach has unearthed an additional source of incremental value. We upgrade from HOLD to ADD.
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By Nathan Lead
15 October 2021, 9:30 AM
We await progress on APA Group's (ASX:APA) takeover proposal for AusNet Services (ASX:AST), with the next step being the Takeovers Panel’s ruling re: APA’s access to due diligence.
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By Nathan Lead
15 October 2021, 9:00 AM
We update a number of modelling assumptions. The resulting forecasts are used in our APA/AST merger modelling.
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By Nathan Lead
28 September 2021, 8:00 AM
Transurban Group (ASX:TCL) has increased its exposure to the Sydney region by leading the acquisition of the remaining 49% of WestConnex.
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By Nathan Lead
22 September 2021, 8:15 AM
AusNet Services (ASX:AST) has surprised with an announcement of a takeover bid from Brookfield. This continues the intense M&A activity in the ASX-listed infrastructure space following bids for Sydney Airport and Spark Infrastructure.
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