NWE norwest energy nl
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News: NWE Mineral Resources Says Off-Market Takeover Bid For Norwest Energy

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    16/12/22
    08:35
    Post #: 65335423

    Dec 16 (Reuters) - Mineral Resources Ltd (MIN) :

    • OFF-MARKET TAKEOVER BID FOR NORWEST ENERGY
    • INTENDS TO OFFER ONE FULLY PAID SHARE IN CO FOR EVERY 1,367 NORWEST SHARES
    • OFFER IMPLIES AN OFFER PRICE OF A$0.06 PER NORWEST SHARE
    • OFFER REPRESENTS AN EQUITY VALUE FOR NORWEST OF ABOUT A$403 MILLION
    • TAKEOVER BID TO ACQUIRE EVERY ISSUED FULLY PAID ORDINARY SHARE IN NORWEST ENERGY THAT CO DOES NOT ALREADY OWN
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