Beach, VicPet lock horns over Impress

BEACH Energy is taking Victoria Petroleum head-on, launching a revised all-cash takeover bid for Impress Energy of 8.5c per share, up from the previous offer of 8.25c.

Beach, VicPet lock horns over Impress
Beach, VicPet lock horns over Impress
Beach, VicPet lock horns over Impress
Beach, VicPet lock horns over Impress
Beach, VicPet lock horns over Impress

The new offer, which values Impress at $75 million, was launched in response to Victoria Petroleum's acquisition of a 20% stake in Impress and stating its intention to block Beach's takeover bid.

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