tiprankstipranks
Genex Power Clears Key Hurdle for J-POWER Acquisition
Company Announcements

Genex Power Clears Key Hurdle for J-POWER Acquisition

Genex Power Ltd. (AU:GNX) has released an update.

Don't Miss our Black Friday Offers:

Genex Power Limited has announced the receipt of FIRB approval for J-POWER’s proposed acquisition of the company, satisfying a major condition for the scheme and simultaneous takeover offer to proceed. While this key regulatory hurdle has been cleared, the completion of the deal still hinges on Genex shareholder and court approvals, among other conditions. Genex Power, known for its extensive renewable energy portfolio, including the flagship Kidston Clean Energy Hub, continues its growth trajectory in the Australian market.

For further insights into AU:GNX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskGenex Director’s Options Cancelled Amid Acquisition
TipRanks Australian Auto-Generated NewsdeskGenex Director’s Share Options Cancelled
TipRanks Australian Auto-Generated NewsdeskGenex Director’s Shareholding Structure Altered
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App