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​AWE gives MinRes three days to match Mitsui's $487 million takeover offer

( January 31, 2018, 02:38 GMT | Official Statement) -- MLex Summary: The board of Australian oil and gas producer AWE Ltd has determined that Japanese giant Mitsui & Co’s A$602 million ($487 million) takeover offer is superior to its existing agreement with Mineral Resources, and announced that it has reached an in-principle agreement for a bid-implementation deed with Mitsui. Under the terms of the agreement AWE signed with Mineral Resources last December, the ASX-listed company now has until Friday to match Mitsui’s offer.The company's statement is attached. ...

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