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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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