SP AusNet: SP Ausnet in A$494.7m settlement over 2009 Victoria bushfires
Survivors of the 2009 bushfires in Australia's Victoria state have secured a near A$500 million payout from Singapore-listed SP AusNet and several other parties, described as the biggest class action settlement in Australian legal history.
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AusNet Services engages in electricity distribution and transmission and gas distribution businesses in Australia.
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