21 Nov 2018

APA Group (ASX: APA) (APA) last night received notice from the CKI Consortium that the Federal Treasurer had notified it of his decision to prohibit the trust schemes under which the CKI Consortium would acquire all of the stapled securities in APA (Schemes).

APA and the CKI Consortium therefore agreed to terminate the Implementation Agreement and the Bidder’s proposal will not proceed further.