Sept 28 (Reuters) - Beach Energy Ltd (BPT)
- Announces a $301 million 3 for 14 prorata entitlement offer
- Acquisition of Lattice Energy is 60 percent operating cash flow accretive on a per share basis in first full year of ownership
- Acquisition to be funded through a $301 million prorata accelerated nonrenounceable entitlement offer
- Acquisition to be funded through new committed senior secured syndicated debt facilities
- Acquisition of Lattice Energy materially value per share accretive
- Increases FY18 production guidance by about 150 percent to 25 27 MMboe
- Seven Group Holdings is strongly supportive of the transaction
News: ORG Beach Energy announces acquisition Of Lattice Energy and A$301 mln 3 FOR 14 prorata...
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$12.50 |
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0.100(0.81%) |
Mkt cap ! $21.53B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $12.50 | $12.35 | $36.58M | 2.938M |
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| No. | Vol. | Price($) |
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| 2 | 7087 | $12.48 |
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| Price($) | Vol. | No. |
|---|---|---|
| $12.50 | 46514 | 1 |
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