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06 Jan
03:32

Warrego board splits on Hancock’s takeover offer

Australian oil and gas explorer Warrego Energy says that support for Australian miner Hancock Prospecting's takeover plan is not unanimous, Kallanish notes. Warrego chairman Greg Columbus has recommended that Warrego shareholders reject the Hancock revised offer and accept the Strike offer in the absence of a superior proposal. The another of the firm's four-person board, however, had earlier recommended that shareholders accept the Hancoc…
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