CORPORATE ACTIVITY
AWE said on Wednesday it has given suitor Mineral Resources three days to match a A$594-million takeover offer from Mitsui & Co, or it will nominate the Japanese bid as a superior offer.
The Australian gas producer said in a statement it notified Mineral Resources late Tuesday, giving it a deadline of Friday, February 2 to match the Mitsui proposal, which was 14.5% above the Mineral Resources offer.
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