Examples of use of gasnet
1. Australian Pipeline Trust lodged a Aust. $452 million ($343 million) bid for gas transmission company Gasnet Australia Trust, topping a rival bid by the asset management division of Commonwealth Bank of Australia Ltd..
2. Australia higher Australia‘s S&P/ASX 200 index put on 0.25 percent to 5076.5 by early afternoon as investors chewed over yet another batch of results and a new takeover offer for GasNet Australia Group from Australian Pipeline Trust.
3. Australian Pipeline Trust said its offer of A$3.10 a share in cash was 7.6 percent ahead of the rival offer and at a 5.8–14.0 percent premium to a valuation of GasNet by an independent expert.
4. APT lodged a A$452 million bid for Gasnet, topping a rival bid by the asset management division of Commonwealth Bank of Australia Australian Pharmaceutical Industries tumbled 17 percent after the stock resumed trading for the first time since the drug maker and pharmacy group unexpectedly wrote off A$17.2 million ($13.1 million). BHP Billiton is 1.06 percent ahead, Woodside Petroleum climbed 0.'0 percent while fellow oil and gas producer Santos gained 0.34 percent.