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Whitebark Energy’s Takeover Bid for King Energy Becomes Unconditional

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An announcement from Whitebark Energy Ltd ( (AU:WBE) ) is now available.

Whitebark Energy Limited has announced the status of its off-market takeover bid for King Energy Limited. The company has fulfilled the minimum acceptance condition and removed all other defeating conditions, making the offers wholly unconditional. As of now, Whitebark holds a 91.07% voting power in King Energy, indicating a significant step towards completing the acquisition.

More about Whitebark Energy Ltd

Average Trading Volume: 600,691

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.54M

Find detailed analytics on WBE stock on TipRanks’ Stock Analysis page.

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