26/05/2020 - 16:55

88 Energy set to take control of XCD Energy

26/05/2020 - 16:55

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88 Energy has received an endorsement from the directors of ASX-listed XCD Energy in the latter’s target statement responding to 88 Energy’s formal takeover offer announced on April 24th. The XCD board has unanimously endorsed 88 Energy’s offer of 2.4 88 Energy shares for each XCD share held and 0.7 88 Energy shares for each XCD listed option.

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