AWE Limited
Gas price to stay high but takeover target pool shrinking
Australia's energy sector expects more takeovers, but at least one gas company believes the price peak may have passed.
- Cole Latimer
Latest
More oil and gas M&A on the horizon
A new report says three out of five oil and gas companies want to carry out an acquisition in the next 12 months.
- Cole Latimer
AWE accepts $602m Mitsui takeover bid
AWE has accepted a $602 million takeover bid from Japanese firm Mitsui, withdrawing its previous support for a rival offer from Mineral Resources.
- Cole Latimer
AWE gives ultimatum as bidding war heats up
AWE has seen its sales revenue spike on the back of strong oil prices, but the bidding war for the company remains its main share price driver.
- Cole Latimer
Japan's Mitsui sparks AWE bidding war with $600m offer
A bidding war has re-erupted as AWE receives a $600 million cash takeover from Japanese company Mitsui.
- Cole Latimer
- Updated
- Energy
AWE backs sweetened $526m takeover offer from Mineral Resources
AWE's board has backed a takeover offer from fellow Australian resources company Mineral Resources after it sweetened the deal, trumping a rival Chinese bid.
- Cole Latimer
- Analysis
- Energy
Why is AWE the target in a bidding war?
A flurry of bids have erupted for relatively unknown junior energy company AWE, but what is driving this interest?
- Cole Latimer
Competing bids undervalue AWE, says shareholder Regal Funds Management
Competing takeover bids for AWE both undervalue the junior explorer and may need to be lifted closer to $1 to win over investors, according to a shareholder.
- Cole Latimer
AWE in bidding duel as Mineral Resources enters fray
AWE has received its third takeover bid in two months, as Australian mining company Mineral Resources makes an offer for the gas company.
- Cole Latimer
Chinese firm lobs higher takeover bid for AWE
China Energy Reserve and Chemical Group has made a second, higher takeover bid for AWE, following the withdrawal of its initial offer earlier this week.
- Cole Latimer
Original URL: https://www.theage.com.au/topic/awe-7z