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Whitebark Energy Launches Strategic Takeover Bid for King Energy
12:13pm on Tuesday 4th of February, 2025 AEDT
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Energy
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Whitebark Energy Launches Strategic Takeover Bid for King Energy
12:13pm on Tuesday 4th of February, 2025 AEDT
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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