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Apache Corporation completes sale of Australian assets


Published Jun 8, 2015
Apache Corporation

Apache Corporation has completed the previously disclosed sale of its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Corporate Holdings Limited and Brookfield Asset Management Inc.

Total proceeds of $1.9 billion are net of $225 million in customary, post-closing adjustments for the period between the effective date, October 1, 2014, and closing.

Tags: Apache Corporation




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