NEW ZEALAND

L&M takeover bid fair and reasonable

LISTED L&M Energy's proposed takeover of Christchurch, New Zealand-based "sibling" L&M Coal Seam Gas is fair and reasonable, according to independent adviser Ernst & Young Transaction Advisory Services.

Last month, dual-listed L&M Energy filed draft documents with the Australian Securities and Investments Commission and New Zealand Takeovers Panel regarding information, including two Ernst & Young reports,...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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