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Hot Topic EARNINGS
Hot Topic EARNINGS
General Business
5 mins to read

Activist fights on over NZO takeover

The situation calls for a formal inquiry under the Takeovers Act, says investment banker.

Tim Hunter Wed, 06 Nov 2019

Shareholder activist James Dunphy is not backing down in his fight over a takeover offer for NZ Oil & Gas, describing the directors’ recommendation to approve it “a travesty.”

The NZX-listed company is subject to a 74c a share takeover offer from 70% owner OG Oil & Gas and shareholders are

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Tim Hunter Wed, 06 Nov 2019
Contact the Writer: thunter@nbr.co.nz
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Activist fights on over NZO takeover
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