The Australian Financial Review

Australia's NSW government down to three bidders for Macquarie Generation

Chinese conglomerate Shenhua has dropped out from the bid for New South Wales (NSW) power generator Macquarie Generation (MacGen), leaving only three bidders, according to a report.

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TPG eyes Shell assets in Australia -report

Texas, US-based private investment firm TPG Capital is in a tussle with two other potential buyers of the Australian assets of Netherlands-based petrol and refining firm Royal Dutch Shell, according to a report.

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