BUZZ-Australia's APA Group soars after Allgas Network stake sale

Reuters
Dec 18, 2025
BUZZ-Australia's APA Group soars after Allgas Network stake sale

** Shares of APA Group APA.AX are up as much as 2.8% at A$9.4, their biggest intraday pct gain since Aug 20** Energy infrastructure co to divest 20% stake in Allgas Network** Co's share of the proceeds from sale estimated to be A$64 million ($42.23 million)** Shares hit highest level since Nov 25** YTD, shares up 33.8%

($1 = 1.5156 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10