Mitsui's AWE offer deemed 'fair'

  1. jmy
    64 Posts.
    Mitsui's AWE offer deemed 'fair'

    Mitsui's $602 million all-cash takeover offer for AWE has been deemed "fair and reasonable" by an independent expert, adding to momentum behind the proposed deal.
    The 95¢-a-share takeover bid from the Japanese trading house sits just above the mid-point of a valuation range by Grant Thornton of 78¢ to $1.06 for the oil and gas producer's stock


    Read more: http://www.copyright link/business/energy/gas/awe-valuation-backs-mitsui-takeover-offer-20180221-h0wg1e#ixzz57lFkkBLQ
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