South Korean trader POSCO International Corp made an AUS$814.8 million takeover bid for Senex Energy Ltd in September, the Australian natural gas producer said on Monday.
Senex said it was giving POSCO exclusive due diligence access until Nov. 5 to better its already twice-improved bid of AUS$4.40 per share, with the South Korean firm indicating it would likely push the deal through an off-market takeover if it goes ahead. POSCO International, the trading arm of South Korean steel giant POSCO , could not be immediately reached for comment.
Senex said POSCO International initially made its approach on July 30 with an AUS$4-per-share bid, followed up around a month later by an AUS$4.20-a-share bid.The latest bid is a 15.2per cent premium to Senex's close on Friday and a near 38per cent premium to its close on Sept.1.
Kejatuhan Turki dan negara-negara Timur Tengah adalah tidak lama lagi. Muhammad Qasim melihat mimpi bahawa perang akan bermula di Turki dgn negara-negara Barat & secara beransur-ansur ia akan menghancurkan Timur Tengah. Klik atau cari Muhammad Qasim Dreams
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US will accept mixed doses of COVID-19 vaccines from international travelersWASHINGTON: The US Centers for Disease Control and Prevention (CDC) said late on Friday (Oct 15) that it will accept mixed-dose coronavirus vaccines from international travelers, a boost to travelers from Canada and other places. The CDC said last week that it would accept any vaccine authorised for u
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Digital technology: Friend or foe against climate change?PARIS — From the energy that goes into making smartphones to the fact that even emails create carbon emissions, the world's internet addiction comes with costs to the climate.
Source: TODAYonline - 🏆 1. / 99 Read more »
Source: BusinessTimes - 🏆 15. / 51 Read more »
Australia's poor form will mean little at World Cup - StarcSYDNEY : Paceman Mitchell Starc has warned Australia's rivals not to read too much into the team's recent poor form, saying the squad now assembled in the United Arab Emirates was preparing only to win the Twenty20 World Cup.Australia have lost 16 of their last 24 Twenty20 internationals going back to the
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Koroibete to miss Australia's end-of-year tourSYDNEY : Winger Marika Koroibete has withdrawn from the Wallabies squad for the end-of-year tour to remain in Australia with his young family, coach Dave Rennie said on Sunday.Uncapped Melbourne Rebels prop Pone Fa'amausili will also miss the tour, which includes tests against Japan, Scotland, England and
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Arts group to engage Malay community in talking about death via upcoming stage production
Source: TODAYonline - 🏆 1. / 99 Read more »