Australia's Strike Energy says its takeover offer for Warrego higher than Hancock's

Strike Energy

05/01/2023 23:19

Jan 6 (Reuters) - Australian gas producer Strike Energy
 STX.AX  said on Friday that its takeover offer for Perth-based
Warrego Energy  WGO.AX  is at a premium to Hancock Energy's
sweetened offer.
    Strike's all-scrip bid of 37.5 Australian cents per share,
based on its closing share price on Jan. 5, represents a 4.2%
premium to Hancock's sweetened 36 Australian cents-per-share
offer announced on Thursday.
 (Reporting by Riya Sharma; Editing by Devika Syamnath)
 ((Riya.Sharma@thomsonreuters.com;))