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Oct 18, 2021

POSCO in Senex Energy takeover bid

POSCO in Senex Energy takeover bid

Surat Basin gas producer Senex Energy is at the centre of an $800 million-plus takeover bid by Korean resources giant POSCO. The company issued a statement today confirming it was in discussions with POSCO International Corporation after granting it an extended period of exclusivity. POSCO International last month submitted a revised non-binding and indicative proposal…

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