AZZ antares energy limited
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Antares Energy (ASX:AZZ) has received a takeover bid. The ASX...

  1. Proactive
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    17/07/14
    15:10
    Post #: 13675038

    Antares Energy (ASX:AZZ) has received a takeover bid. The ASX has granted the company a trading halt, with its shares placed in pre-open.

    Antares has said in a statement on its website that it has called a General Meeting so shareholders can decide on the future control.

    Lone Star Value Investors LP, a circa 6% overseas shareholder in Antares, sees significant value in Antares and is seeking to get effective control.

    The halt will last until the opening of trade on Monday 21st July 2014, or earlier if an announcement is made to the market.

     

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