Mosman Oil & Gas (LON:MSMN) said it has opted not to further amend the terms of its takeover offer for MEO Australia (ASX:MEO).
The bid has been declared unconditional and the first tranche of shares has been issued to MEO shareholders, Mosman revealed.
The second tranche will be sent out after the offer closes on 12 June.
Mosman raised its offer for MEO Australia twice, finally settling on terms of one Mosman share for every five held in MEO, which was four times as generous as the initial sighting shot.
Mosman Oil & Gas (LON:MSMN) said it has opted not to further...
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