The Federal Court of Australia has today ordered the convening of a meeting of shareholders of Anzon Energy to enable a vote to be taken on the proposed Merger with Nexas.
Deloitte Corporate Finance, commissioned for the merger by Anzon, has concluded the merger is fair and reasonable and therefore in the best interests of Anzon Energy shareholders.
The Boards’ of each of Nexus and Anzon Energy have unanimously agreed to pursue the Merger.
The Anzon Energy Board recommended Anzon shareholders vote in favour of the resolution to approve the Merger at the Scheme Meeting in the absence of a superior proposal.
The Scheme Meeting will be held at 2.00pm (AEST) on 18 April 2008 at Deacons, Level 18, Grosvenor Place, 225 George Street, Sydney Australia.
On 23 January 2008 Anzon and Nexus announced their intention to merge.
Tags:
Anzon Energy Limited,
Nexas
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