Street Talk
Big Canadian joins QIC in tussle for Pacific Energy
Australia's QIC Ltd isn't the only dog in the fight at listed contracted power company Pacific Energy.
Street Talk can reveal Canadian pension fund investor OPTrust, which has about $20 billion in assets, has also had a management presentation and due diligence, and has lobbed a bid for the company.
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
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