Australia's Genex Power says talks over $233 mln buyout bid ends

Genex Power

27/12/2022 21:30

Dec 28 (Reuters) - Australia's Genex Power  GNX.AX  said
on Wednesday it was advised by a consortium led by Atlassian
 TEAM.O  co-founder Scott Farquhar that it has ceased to pursue
its A$346.3 million  ($233.06 million) buyout bid for the
renewable energy developer.
($1 = 1.4859 Australian dollars)
 (Reporting by Jaskiran Singh in Bengaluru; Editing by Shailesh
Kuber)
 ((Jaskiran.Singh@thomsonreuters.com;))