MARKETS

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.

Colin Hay
 takeover-chess-acquisition-merger.jpg

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. Strike...

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