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Alinta management buyout

ENERGY utility Alinta Ltd this week received a management buyout (MBO) proposal from senior executives, including its chairman John Poynton and chief executive Bob Browning. Alinta said the MBO group is being advised by Macquarie Bank, which is considering participating in the proposal. In addition to Mr Poynton and Mr Browning, the MBO group comprises general manager business development Chris Indermaur, chief financial officer Stephen Pearce and general counsel Murray King.

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