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Whitebark Energy Launches Strategic Takeover Bid for King Energy

5:38pm on Sunday 1st of June, 2025 AEST • Energy
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Whitebark Energy Launches Strategic Takeover Bid for King Energy

5:38pm on Sunday 1st of June, 2025 AEST
Key Points
  • Offer ratio: 1.6894 Whitebark shares per King share
  • 3.3333 Whitebark options offered per King option
  • King’s board unanimously recommends acceptance absent superior proposal
  • Combined group to hold diversified oil, gas, hydrogen, and geothermal assets
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