AUSTRALIA

Clough, Forge alliance to go ahead

FORGE Group is recommending its shareholders do not accept Clough's proportional takeover bid even though its directors have reaffirmed their intention to accept the offer.

Marija Stojkovic

In its target statement, Forge said the recommendation to reject Clough's $2.10 per share offer comes after an independent expert report by RSM Bird Cameron found the bid was neither fair nor reasonable....

Start a free trial to continue reading this article

Already have an account? Sign in here

Subscribe now

OPERATIONS

'Shiver me timbers' – Chevron to acquire sail-powered LNG carrier

POLICY

Lawyers predict major changes to WA domestic gas policy

ENERGY TRANSITION

Australian government unveils new National Hydrogen Strategy

POLICY

New offshore gas storage bill introduced in Victoria

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.