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IN BRIEF: 88 Energy Closer To Sealing XCD Energy Takeover

Mon, 06th Jul 2020 19:05

88 Energy Ltd - Australian exploration & production company - Owns enough shares in takeover target XCD Energy Ltd to guarantee it will reach minimum threshold for compulsory acquisition. Says offer period will not be extended beyond July 13.

Current stock price: 0.26 pence

Year-to-date change: down 81%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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