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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.

March 17, 2023 • By Jerome Doraisamy
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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.

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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.” 

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Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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