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Orion enter Barnett in merger deal

ORION has pulled the trigger on a merger with US-focused Petrel Energy in a deal worth about $4.6...

James McGrath

Due to be approved by Orion shareholders in January next year, it will acquire 100% of Petrel for the issue of 115.1 million new Orion shares to Petrel shareholders. Post-deal, existing Orion shareholders...

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