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Warrego chairman splits with board over Rinehart bid

The competing takeover bids for WA gas developer Warrego Energy have split its board with the chairman backing gas player Strike Energy and the rest of the board getting behind billionaire Gina Rinehart’s Hancock Prospecting.

Hancock Prospecting’s bid for Warrego Energy had split the target’s board. Getty

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Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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    Original URL: https://www.afr.com/companies/energy/warrego-chairman-splits-with-board-over-rinehart-bid-20221230-p5c9fw