MARKETS

CERCG terminates AWE offer 

After rejection Chinese formally pull offer

CERCG formally withdrew its offer for AWE after board recommended shareholders reject it

CERCG formally withdrew its offer for AWE after board recommended shareholders reject it

  AWE recommended last week that shareholders accept Mitsui's higher 95c cash offer, which was deemed far less conditional compared with CERCG's, which the Chinese firm said it could not meet.    ...

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