AWE's board has backed Mineral Resources' takeover offer, after the latter improved the conditions of its offer
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AWE's board has backed Mineral Resources' takeover offer, after the latter improved the conditions of its offer. Mineral Resources are now offering AUD526 million, AUD0.83 a share, through AUD0.415 in cash and between 0.0198 and 0.0277 Mineral Resources shares per AWE share. AWE shareholders will have the option of receiving either 100% cash or 100% scrip. Allocations may be scaled back to ensure the total consideration paid is split evenly between cash and scrip. CERCG still has the opportunity to put in a counter-offer
List of the country updates
Country updates
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December 20, 2017
Alliant Energy has concluded the acquisition agreement of the wind asset
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December 20, 2017
Alliant Energy has concluded the acquisition agreement of the wind asset
Alliant Energy has concluded the acquisition agreement of the wind asset. The construction phase is expected to commence by 2018
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December 20, 2017
A portion of the project has started delivering power to the grid
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December 20, 2017
The project started its commercial operations
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December 19, 2017
Vestas gets the order to provide the wind turbines for the project
