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New Hope Corporation Limited (ASX:NHC) has announced a cash offer for Northern Energy of $2 a share.
The offer is not subject to any conditions, and will not be increased, the company said in a statement.
New Hope currently has a relevant interest in 80.83 per cent of Northern Energy’s shares.
It said it considers it highly unlikely that a competing proposal will emerge.
New Hope Corporation Limited (ASX:NHC) reported a profit of $407.3 million for the six months to January this year.
News: New Hope makes offer to Northern Energy
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Last
$4.64 |
Change
-0.090(1.90%) |
Mkt cap ! $3.905B | |||
| Open | High | Low | Value | Volume |
| $4.72 | $4.75 | $4.64 | $7.529M | 1.616M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 51852 | $4.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.65 | 4114 | 2 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| NHC (ASX) Chart |
