AustralianSuper's A$5.1bn offer for Infratil rejected

The Board of Infratil Limited (IFT) has confirmed that it has received a non-binding offer for 100% of its shares by AustralianSuper. The initial offer in October was revised by AustralianSuper in November and implied a total offer value of NZ$7.43 per IFT share, or A$5.1 billion ($3.8 billion) for...