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Deals Rumor Mill: Ausgrid, Total, Tesla Motors

By Benjamin Horney (July 25, 2016, 5:15 PM EDT) -- State Grid Corp. of China and Hong Kong-based Cheung Kong Infrastructure Holdings Ltd. have officially placed bids for Australian power network Ausgrid, Reuters reported on Monday. According to the report, a sale of the electricity network could rake in more than $7.5 billion. News that the companies have made proposals comes months after reports in February first named them as potential suitors for the power network. Those reports also named China Southern Power Grid Co. Ltd. and Qatar Investment Authority as being among those potentially interested....

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