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Top News In Hancock Energy Today - Breaking & Trending Today

Strike to realise $136m in proceeds following its takeover bid for Warrego

Strike Energy has closed its off-market takeover bid for Warrego finishing with ~30.4% of the total Warrego shares on issue. Strike will proceed to vend all Warrego shares owned or controlled by Strike into the unconditional Hancock Energy cash offer of $0.36 per Warrego share. As a result, Strike will receive $136 million in proceeds. ....

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Gina Rinehart wins Perth gas battle as rival bidder pulls out

Billionaire Gina Rinehart’s rival bidder for WA gas developer Warrego Energy has pulled out of a drawn-out contest for control of the company. ....

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Hancock wins control of Warrego after extended battle

A surprise move by Chris Ellison’s Mineral Resources to sell its Warrego shares has delivered control of the Perth Basin gas junior to Gina Rinehart’s company. ....

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