Brief: Genex Power Got Conditional, Non-Binding, Indicative Proposal From Skip Essential Infrastructure Fund & Stonepeak Partners

Genex Power

25/07/2022 02:27

July 25 (Reuters) - Genex Power Ltd  GNX.AX :
    * RECEIVED CONDITIONAL, NON-BINDING, INDICATIVE PROPOSAL
FROM SKIP
ESSENTIAL INFRASTRUCTURE FUND AND STONEPEAK PARTNERS LLC
    * UNDER INDICATIVE PROPOSAL IS A$0.230 IN CASH PER GENEX
SHARE
    * UNDER TERMS OF INDICATIVE PROPOSAL, GENEX IS NOT PERMITTED
TO
PAY ANY DIVIDENDS OR OTHER DISTRIBUTIONS

Source text for Eikon:  ID:nASX8B58mz 
Further company coverage:  GNX.AX 

 ((Reuters.Briefs@thomsonreuters.com;))