Babcock Infrastructure to Appeal Blocking of $2.2 Billion Northwestern Bid

(Bloomberg) -- Babcock & Brown Infrastructure Group,
an Australian owner of ports, power cables and gas networks, said
it may challenge the rejection by a U.S. regulator of its $2.2
billion bid to acquire NorthWestern Corp.

The company is taking legal advice and is considering all
options in relation to the rejection of proposed acquisition of
the South Dakota-based utility by the Montana Public Service
Commission, Chief Executive Officer Steven Boulton said today.


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