AWE Ltd. (AWE), an explorer with shale fields in Australia and an oil project in Indonesia, rejected a A$752 million ($673 million) initial takeover proposal from Senex Energy Ltd. (SXY), saying it undervalued its shares. Senex offered the …
AWE Ltd. (AWE), an explorer with shale fields in Australia and an oil project in Indonesia, rejected a A$752 million ($673 million) initial takeover proposal from Senex Energy Ltd. (SXY), saying it undervalued its shares. Senex offered the …