Energetic dance to a duet
Listed outfit Duet Group (ASX: DUE) on Monday announced an all-cash bid for Energy Developments (ASX: ENE) at $8.00 per share. As a part of the announcement the company highlighted that major shareholders, who combined hold 85.7% of the register, would accept the offer. As a result and in our opinion, we see the chance of another takeover bid being quite low. ENE has been a long-term shareholding for us and we congratulate the company on the shareholder wealth they have created over a long time period.
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Wilson Asset Management has a track record of making a difference for shareholders and the community for 27 years and is the investment manager for nine LICs and two unlisted funds. Wilson Asset Management invests over $6 billion on behalf of more than 130,000 retail investors. Wilson Asset Management created and is the lead supporter of the Future Generation companies, the first LICs to deliver both investment and social returns.
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Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for 27 years and is the investment manager for nine LICs and two unlisted funds. Wilson Asset Management invests over $6 billion on behalf of more...
Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for 27 years and is the investment manager for nine LICs and two unlisted funds. Wilson Asset Management invests over $6 billion on behalf of more...
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