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DUET makes $1.4bn takeover bid

Energy utility owner DUET Group is set to become a bigger player in the Western Australian market, after announcing an agreed $1.4 billion takeover of remote power producer Energy Developments.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
600thEnergy Developments-27%-9%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-Energy Developments$27.2m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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