macquarie: Macquarie SCT Pty Ltd, an entity of Macquarie Bank, put forward a takeover proposal in November, for 17.5 cents a share, according to Australian Broadcasting Corporation. Central Petroleum managing director Richard Cottee said the offer was rejected by the board, however due diligence was granted. Supplied Central Petroleum Related Story NT gas giant wants second pipeline to eastern states Related Story Northern Gas Pipeline on track despite awaiting approvals Map Alice Springs 0870 The managing director of domestic Australian gas supplier Central Petroleum expects investment bank Macquarie will make another offer to buy the company. Weve rejected the offer, therefore it no longer on the table. Macquarie is an Australian company, and obviously it would not be as capital starved as we are, as well. We have granted Macquarie due diligence, and there are other parties that may be interested.
(news.financializer.com). As
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