Our role:
Deloitte prepared the Independent Expert Report to assess whether a proposal between Queensland Gas and AGL to form a strategic relationship that was fair and reasonable.

The relationship involved AGL acquiring a 27.5% interest in Queensland Gas, the right to participate in an off-market buy back for Queensland Gas shares, entering into a gas sales agreement and a gas market development services agreement and the ability to nominate members on the Queensland Gas board.

Deal value: $300 million

Date: 2007