APA Group (ASX: APA) shares jumped 20% today after the company announced it was the target of a takeover offer. A near-$13 billion takeover, no less.

The would-be acquirers are a consortium of companies, led by Hong Kong-based CK Infrastructure Holdings Limited. CK is Hong Kong-listed. The company was founded by Chinese-born billionaire Ka-Shing Li — Hong Kong’s richest family.

CK has made a number of acquisitions in recent times, including in the UK and Europe.

APA Group Takeover