Genex Power Ltd. (AU:GNX) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
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.
