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​AWE board recommends Mitsui takeover bid over Mineral Resources, China Energy Reserve

( February 5, 2018, 03:07 GMT | Official Statement) -- MLex Summary: Japan's Mitsui & Co has bested rivals for Australian oil and gas firm AWE Ltd, after Mineral Resources failed to match its A$602 million ($487 million) takeover offer. AWE’s board officially rejected a bid from its fellow Australian firm, and another one from Chinese state-owned energy giant China Energy Reserve & Chemical Group, and entered a bid-implementation deed with Mitsui.The company's statements are attached. ...

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