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APA – Takeover Update

The CKI consortium has completed its due diligence and has now entered into a binding Implementation Agreement to acquire 100% of APA’s stapled securities for an all cash offer of $11.00 per share.

The offer is still subject to a number of conditions including approval from the ACCC and the FIRB.

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APA goes ex div $0.21 on the 28th December.

 

APA

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