No deal for Strike Energy

STRIKE Energy has come out of a trading halt to confirm that a potential takeover of oil and gas junior Talon Energy has been knocked on the head.

No deal for Strike Energy No deal for Strike Energy No deal for Strike Energy No deal for Strike Energy No deal for Strike Energy

takeover-chess-acquisition-merger.jpg

Strike told the ASX is had been engaged with Talon on proposed acquisition of 100% Talon's shares by way of Scheme of Arrangement at an agreed exchange ratio of 0.4828 per new Strike shares.