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A$16.1bn deal comes after Chinese and HK bids blocked and with no public tender
Future investments by state-owned companies will face tougher scrutiny
Auction will test new conditions on foreign investment in UK infrastructure
Recent election intensified unease over Chinese acquisitions
Stake sale in power grid draws criticism from independent politicians
More connections for the connected
Tycoon’s groups to buy stake in oil storage assets as crude slide weighs
Consortium including Ontario Teachers’ Pension Plan wins £2bn auction
There are other ways to address the overlap between two companies from the empire of Li Ka-shing
Investors opposed proposal giving parent group use of $8bn cash pile
Proxy groups set to scupper sweetened offer to restructure infrastructure and energy assets
HK billionaire in fight to simplify empire with merger of infrastructure and utilities groups
Offer pushes the region’s dealmaking total past $700bn for only the second time on record
Sale comes as part of billionaire’s reorganisation of $100bn empire
Asian tycoon-backed investment vehicles to buy group that owns 28% of UK passenger-train fleet
If utility overreaches it could leave shareholders feeling very thirsty
International Edition