MARKETS

Ellison abandons Warrego takeover

MINERAL Resources has abandoned plans to takeover Warrego Energy, leaving Strike Energy and Hancock Energy to fight over the Perth Basin gas developer.

Ellison abandons Warrego takeover

  In a statement lodged to the ASX last night, Chris Ellison's MinRes told shareholders it had a 19.17% interest in Warrego and viewed this to a "strategic stake," but that it would drop its bid for...

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