AUSTRALIA

Mosman turns up MEO heat

LONDON-listed Mosman Oil & Gas says it will be an "activist shareholder" if its all-scrip takeover bid for MEO Australia is even remotely successful.

Mosman, which had gradually increased its offer for one Mosman share for every 20 MEO shares to one share for every five MEO shares and dumped all conditions, including a 90% acceptance, said it would...

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