Genex (GNX AU): J-Power's Indicative Offer

Mar 04, 2024

∙ Paid

Back in July 2022, Aussie renewable energy player Genex (GNX AU) announced an A$0.23/share NBIO from Skip Enterprises and Stonepeak, subsequently bumped to A$0.25/share, and confirmatory due diligence provided.
Negotiations ceased in December that year. As of today, Scott Farquhar's Skip Enterprises continues to hold a 19.9% stake in Genex.
This morning, Genex announced an A$0.275/share NBIO from Electric Power Development (9513 JP) (J-Power), by way of a Scheme. A concurrent off-market A$0.27/share is in place.

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