AUSTRALIA

Senex bid for Stuart unconditional

SENEX Energy is urging Stuart Petroleum shareholders to accept its all-share offer, by declaring the bid unconditional and accelerating payment for accepting shareholders.

Senex, which made a $77.8 million bid for Stuart late last month, declared unconditional its all-share offer of 2.5c Senex shares for every one Stuart share. The company will also accelerate payment...

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