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Contact Energy Announces Scheme Booklet for Manawa Acquisition

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Contact Energy Announces Scheme Booklet for Manawa Acquisition

Confident Investing Starts Here:

The latest update is out from Contact Energy Limited ( (COENF) ).

Contact Energy Limited has announced the dispatch of a scheme booklet related to its proposed acquisition of all shares in Manawa Energy Limited. The scheme, subject to certain conditions, will see Manawa shareholders receive cash and new Contact shares. This strategic move aims to enhance Contact’s market position and operational capabilities, with the implementation targeted for July 2025.

More about Contact Energy Limited

Contact Energy Limited is a company operating in the energy sector, primarily focused on the generation and retailing of electricity and natural gas. It serves a significant market in New Zealand and Australia, offering a range of energy solutions to residential and commercial customers.

For detailed information about COENF stock, go to TipRanks’ Stock Analysis page.

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