UIL urge shareholders accept Strike takeover offer

LAST month’s off-market tilt by Strike Energy has the full support of UIL Energy’s board, which today recommended shareholders accept the offer in the absence of a superior proposal through its Target’s Statement.

UIL urge shareholders accept Strike takeover offer UIL urge shareholders accept Strike takeover offer UIL urge shareholders accept Strike takeover offer UIL urge shareholders accept Strike takeover offer UIL urge shareholders accept Strike takeover offer
 
 
Should the all-scrip offer go ahead, the two juniors will merge and create a larger entity with significant combined holdings across the Cooper and Perth Basins.