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Atlassian billionaire Scott Farquhar pulls $346m bid for Genex Power

The consortium of Scott Farquhar’s Skip Essential Infrastructure Fund and US equity firm Stonepeak called off the takeover on Wednesday morning.

Scott Farquhar's Skip walks away from Genex takeover bid

Genex Power shares dropped 19 per cent after Scott Farquhar’s Skip and Stonepeak yanked their joint bid after a water leak at the Kidston power project.

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