Warrego Energy Says Beach Advised That It Does Not Intend To Match Revised Hancock Offer
Warrego Energy Ltd (WGO.AX):
HAS NOW BEEN ADVISED BY BEACH THAT BEACH DOES NOT INTEND TO MATCH REVISED HANCOCK TAKEOVER OFFER
UNANIMOUSLY RECOMMENDS THAT WARREGO SHAREHOLDERS ACCEPT HANCOCK TAKEOVER OFFER, IN ABSENCE OF A SUPERIOR PROPOSAL
NOW WITHDRAWN ITS PREVIOUS RECOMMENDATION IN FAVOUR OF REVISED BEACH SCHEME PROPOSAL