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AUSTRALIA

Orion, Gas2Grid go their separate ways

THE proposed merger between Orion Petroleum and Gas2Grid has been terminated after a revised expert opinion found the merger was neither fair nor reasonable to Orion shareholders.

Marija Stojkovic

In a statement, Orion said that after consultation with Gas2Grid and the fact that it was no longer possible to implement the merger before March 31, the two companies had agreed to immediately terminate...

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