Aurora makes a play for Molopo Energy

July 27, 2017

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ASX-listed Aurora Funds Management has announced plans to make a takeover offer of 18c each for the shares in fellow-listed Molopo Energy.

Under the proposed bid, Molopo shareholders will be able to elect to receive the bid consideration in either cash, which will be capped at A$5-million in total, or in Aurora shares.

Category: General