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AWE rebuffs opportunistic approach

LEADING Australian oiler AWE has rejected an unsolicited $421 million opportunistic bid from a US...

Haydn Black

The 80 cent per share bid, which comes at a 20cps premium to AWE's recent trading price but which is little more than half the $1.48 52 week high, was described by AWE as indicative, conditional and non-binding...

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