Australia's Genex Power receives buyout offer from Japan's J-Power

Electric Power Development

03/03/2024 22:25

March 4 (Reuters) - Australia's renewable energy
generator Genex Power Ltd  GNX.AX  on Monday said it had
received a non-binding proposal from Japan's Electric Power
Development  9513.T  for the shares it does not already own for
an offer price of A$0.275 a piece.

 (Reporting by Aaditya Govind Rao in Bengaluru; Editing by Mark
Porter)
 ((Aaditya.GovindRao@thomsonreuters.com;))