Envestra says no to APA

ENVESTRA has knocked back an all-scrip bid from APA Group, saying the $1.10 per share deal "significantly undervalues" Envestra.

Envestra says no to APA Envestra says no to APA Envestra says no to APA Envestra says no to APA Envestra says no to APA

APA Group had lobbed an unsolicited offer to acquire the rest of the shares it did not already hold in Envestra for about $1.10 per share as part of an all-scrip deal, a premium of 10.

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