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Mitsui goes unconditional for AWE

MITSUI’s A95c per share takeover offer for Australian mid-tier oil and gas producer AWE was declared unconditional late yesterday, with a 51.9% uptake rate, less than one percent over the threshold set by the Japanese company. 

Helen Clark
Mitsui hits threshold for unconditional AWE offer

Mitsui hits threshold for unconditional AWE offer

The offer has now been automatically extended by 14 days and will close on  April 18.   Despite the last minute success it was an unusually slow uptake for the offer, assessed by both the AWE board...

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