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Australia's Alinta Energy sold to Hong Kong's Chow Tai Fook Enterprises for $3 bln - sources
March 15, 2017 / 9:28 PM / 8 months ago

Australia's Alinta Energy sold to Hong Kong's Chow Tai Fook Enterprises for $3 bln - sources

SYDNEY, March 16 (Reuters) - Australia’s Alinta Energy has been sold to Hong Kong’s Chow Tai Fook Enterprises for around A$4 billion ($3 billion), two sources familiar with the situation said on Thursday.

Alinta, a natural gas retailer owned by a group of private equity companies including TPG, had been preparing for an initial public offering. ($1 = 1.2977 Australian dollars) (Reporting by Jamie Freed; Editing by Robin Pomeroy)

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