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Allgas ready to talk to new government

Michael O'Meara
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The Allgas Energy Ltd board is expected to seek further details from its new suitor, the Queensland Government-owned electricity supplier Energex, regarding its $250 million takeover offer.

Allgas chief executive Mr Graham Drummond said yesterday the Energex offer of $23 a share was conditional, adding that the Allgas board would meet today to discuss the bid.

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    Original URL: https://www.afr.com/politics/allgas-ready-to-talk-to-new-government-19980626-k84xo