07/05/2020 - 13:47

XCD Energy board endorses improved 88 Energy takeover offer

07/05/2020 - 13:47

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ASX-listed 88 Energy has received the unanimous support of the board of directors at XCD Energy after 88 Energy increased its off-market, all-scrip offer for the fellow Perth-based and Alaska-focused, small-cap oil exploration player today. If accepted, the improved offer will increase XCD security holders interest in 88 Energy post deal from 15 to 20 per cent.

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