Sentences with phrase «takeover tussle»
Murray Goulburn is locked in a fierce three - way takeover tussle with Bega Cheese and Canada's Saputo for control of Warrnambool Cheese & Butter, and is arguing its case for regulatory approval before the Australian Competition Tribunal.
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Beach Energy chief executive Matt Kay says the oil and gas producer is «making sure our interests are protected» as the $ 600 million - plus takeover tussle plays out over AWE, its partner in the prized Waitsia onshore gas field in Western Australia.
Waitsia has become the prize in the takeover tussle around AWE, with all three of the mid-cap producer's suitors drawn to the large, relatively low - cost gas resource that lies close to pipeline infrastructure to the north of Perth.
Beach Energy is «making sure our interests are protected» as the $ 600 million - plus takeover tussle plays out over AWE.
Not exact matches
The tussle for control of Phoenix Gold intensified today after Zijin Mining Group struck a pre-sales agreement with one of the miner's largest shareholders, boosting its interest to 17.9 per cent ahead of announcing a cash takeover bid that values the business at $ 47 million.