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Genex Power Details J-POWER Acquisition Plan
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Genex Power Details J-POWER Acquisition Plan

Genex Power Ltd. (AU:GNX) has released an update.

In an ambitious move, Genex Power Limited has announced the completion of the despatch of a Transaction Booklet to its shareholders, detailing the proposed acquisition by J-POWER Nominee, a subsidiary of Electric Power Development Co., Ltd. Shareholders are advised to thoroughly review the booklet, which includes vital information on the Scheme Meeting and how to accept the Takeover Offer. The announcement reflects Genex’s strategic growth, highlighting its extensive portfolio of over $1 billion in renewable energy projects across Australia.

For further insights into AU:GNX stock, check out TipRanks’ Stock Analysis page.

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