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Hancock Energy advised on Warrego takeover bid
National law firm Corrs Chambers Westgarth has advised Hancock Energy on its competitive off-market takeover bid and subsequent compulsory acquisition of Warrego Energy Limited, which is now delisted, for $440 million.
Jerome Doraisamy
Firm: Corrs Chambers Westgarth (Hancock Energy)
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Deal: Hancock has acquired Warrego Energy Limited (Warrego) (formerly ASX: WGO), with its final bid being $0.36 per share, which ultimately valued Warrego at $440 million.
Area: Merger and acquisition
Value: $440 million
Key players: The Corrs team was led by partners Sandy Mak and Robert Franklyn.
Deal significance: Speaking about the takeover, Ms Mak said: “We are delighted to have assisted Hancock in securing control of Warrego on this highly contested transaction. Hancock has been a pleasure to work with.”
