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29/01/18
14:47
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Japan's Mitsui sparks AWE bidding war with $600m offer
http://www.smh.com.au/business/ener...ding-war-with-600m-offer-20180128-p4yyze.html
Some extracts:
“The big question mark is over whether Min Res or CERCG [will] come back with an improved bid.”- A source close to AWE
"The Mitsui cash bid is relatively clean."- RBC Capital Markets
"It's in play again, and at that sort of price it's a pretty good value for AWE"- Fat Prophets
DYOR
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