FilingReader Intelligence
APA divests networks business for A$47m
August 19, 2025 at 10:03 AM UTC•By FilingReader AI
APA Group is divesting its Networks business, including gas distribution operations and maintenance services, to Australian Gas Infrastructure Group for A$47 million. The transaction involves transferring 725 employees and the Tamworth gas distribution network, completing in Q2 FY26.
APA faces shareholder resolutions seeking reports on capital expenditure consistency with climate commitments and due diligence in the Beetaloo Sub-basin.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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ASX:APA•Australian Securities Exchange
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