ENDEAVOUR GROUP ORD
Mineral Resources prepares Norwest Energy takeover bid, APM Human Services acquires Everyday Independence and Westpac settles class action
Mining giant Mineral Resources (ASX: MIN) has revealed plans to make an off-market bid for the remaining stake in oil explorer Norwest Energy (ASX: NWE), adding to its existing 19.9% stake in the company. The deal will be worth around $403 million, at an offer price of $0.06 per share which represents a 33.3% premium […]
OZ Minerals recommends BHP’s takeover offer, Endeavour Group’s national gambling operator faces 62 charges and ASX scraps blockchain project
OZ Minerals (ASX: OZL) has announced its board plans to recommend the latest revised takeover offer from mining giant BHP Group (ASX: BHP) of $28.25 per share, valuing OZ Minerals at $9.6 billion. The offer beats BHP’s previous offer of $25 per share tabled 15 weeks ago, which OZ deemed too low. However, after renewed […]
Woodside to supply LNG to Europe, Woolworths’ bid for MyDeal approved and Santos receives more CCS permits
Australia-based Woodside Energy (ASX: WDS) has inked a long-term deal 12 cargoes of liquefied natural gas (LNG) from January 2023 to German utility Uniper – in a bid to cut Europe’s reliance on Russian supplies. Uniper was Europe’s former largest buyer of Russian gas, but Russia President Vladimir Putin has threatened to turn off the […]
ESG friendly versus sinful stocks: which ones perform the best?
In a new era in which environmental, social and governance (ESG) considerations have been enshrined in the way fundies pick their shares, the so-called ‘sin’ stocks had been largely discounted as relics of the past. Until Woolworths’ spin-off Endeavour Group (ASX: EDV) came along, that is. By virtue of Endeavour’s sheer size and pure-play focus […]
