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New Hope Corporation Limited (ASX:NHC) has announced a cash offer for Northern Energy of $2 a share.
The offer is not subject to any conditions, and will not be increased, the company said in a statement.
New Hope currently has a relevant interest in 80.83 per cent of Northern Energy’s shares.
It said it considers it highly unlikely that a competing proposal will emerge.
New Hope Corporation Limited (ASX:NHC) reported a profit of $407.3 million for the six months to January this year.
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Last
$4.32 |
Change
-0.040(0.92%) |
Mkt cap ! $3.651B | |||
| Open | High | Low | Value | Volume |
| $4.38 | $4.39 | $4.30 | $7.106M | 1.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 33998 | $4.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.32 | 148 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| NHC (ASX) Chart |