Brief: Energy One Receives Proposal And Grants Exclusive Due Diligence

Energy One

28/08/2023 03:05

Aug 28 (Reuters) - Energy One Ltd  EOL.AX :
    * RECEIVES PROPOSAL AND GRANTS EXCLUSIVE DUE DILIGENCE
    * DEAL FOR  INDICATIVE PRICE OF A$5.85 CASH PER SHARE
    * RECEIVED A CONFIDENTIAL, INDICATIVE, INCOMPLETE,
CONDITIONAL AND
NON-BINDING PROPOSAL FROM STG
    * ALSO ENTERED EXCLUSIVITY DEED FOR EXPEDITED PERIOD OF
EXCLUSIVITY TO ALLOW STG TO COMPLETE CONFIRMATORY DUE DILIGENCE

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