ERM Power has announced a takeover offer by Shell Energy Australia for 100% of its share capital at a cash price of A$2.465 per share, broadly in line with our DCF-based base case valuation of A$2.4/share. ERM's directors and the largest shareholder, Trevor St Baker, support the proposal, which will be subject to shareholder approval - likely in or around early November 2019.Den vollständigen Artikel lesen ...