What is the scheme of arrangement between Talon Energy and Strike Energy? — ASX:STX| ASX Mining News & Discussion
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$STX What is the scheme of arrangement between Talon Energy and Strike Energy?

In a significant development in the energy sector, Talon Energy Limited (ASX: TPD) has announced that the Federal Court of Australia, sitting in Perth, has approved the scheme of arrangement between Talon Energy and its shareholders. Under this scheme, Strike Energy Limited (ASX: STX) is set to acquire all the shares of Talon Energy, marking a pivotal moment in the energy market. In this article, we delve into the details of the court approval and the expected timeline for this acquisition.

The Scheme Approval

Talon Energy Limited, a key player in the energy industry, has received the green light from the Australian Federal Court for its scheme of arrangement. This arrangement paves the way for Strike Energy Limited to acquire all Talon shares. Talon shareholders can look forward to receiving 0.4828 new Strike shares for every 1 Talon Share held. This acquisition has the potential to reshape the landscape of the energy ...
What is the scheme of arrangement between Talon Energy and Strike Energy?

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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Lykeshares Official
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Lykeshares Official
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