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Noticias de trading
11 Aug 2016
Australian Treasurer Morrison blocks sale of electricity company to China
Australia’s Treasurer Scott Morrison has made a preliminary decision to block the sale of Ausgrid to a Chinese consortium, Reuters reports.
Key Details:
Ausgrid is Australia's biggest electricity distribution grid
Ausgrid is owned by the NSW state government
The federal government has to decide on leasing a 50.4% stake on a 99-year contract