How Does the Acquisition of Talon Energy by Strike Energy Help Grow it's Business? — ASX:STX| ASX Mining News & Discussion
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$STX How Does the Acquisition of Talon Energy by Strike Energy Help Grow it's Business?

Strike Energy Completes Acquisition of Talon Energy, Enhancing Its Market Position

Strike Energy Limited, an influential player in the energy sector, has successfully completed the acquisition of Talon Energy Limited, marking a significant expansion in its business operations. This acquisition, executed through a scheme of arrangement under the Corporations Act 2001, positions Strike Energy as a more formidable entity in the industry.

Details of the Acquisition

The acquisition process culminated with Strike Energy acquiring 100% of the issued capital in Talon Energy from its shareholders. In compliance with the terms of the Scheme, Talon shareholders, excluding Ineligible Foreign Shareholders and Cash Out Shareholders, received 0.4828 new Strike shares for each Talon share they held as of the Scheme record date, 18 December 2023. These shares commenced trading on a deferred settlement basis from 15 December 2023 and are expected to transition to normal settlement trading on the ASX from 28 December 2023.

Special Provisions ...
How Does the Acquisition of Talon Energy by Strike Energy Help Grow it's Business?

Lykeshares Official
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Lykeshares Official
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There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
Lykeshares Official
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Lykeshares Official
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Lykeshares Official
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Lykeshares Official
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Lykeshares Official
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