Australia’s Queensland Gas Company Limited (QGC) in an all-cash deal valuing the company at A$5.75 per share. The offer price represents an 80% premium to QGC’s closing price of A$3.20 on October 23, the last full day of trading in QGC shares prior to the two companies’ joint announcement on October 28. The offer price…
AUSTRALIA: UK’s BG Group to buy Queensland Gas Co for A$5.6 billion
Posted on November 3, 2008 by EnergyAsia