{"id":1133990,"date":"2019-08-21T22:35:00","date_gmt":"2019-08-22T03:35:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=7125ba27b1a5eb01ff508fe3b8e15371"},"modified":"2019-08-22T01:07:33","modified_gmt":"2019-08-22T06:07:33","slug":"shell-makes-a-play-for-aus-power-producer","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1133990","title":{"rendered":"Shell makes a play for Aus power producer"},"content":{"rendered":"<p>Global oil and gas major Shell has made a A$617-million takeover offer for ASX-listed commercial and industrial electricity retailer ERM Power.<\/p>\n<p>Under the terms of the proposed offer, ERM shareholders would receive A$2.465 in cash for every share held, representing a 38.4% premium to ERM\u2019s one-month volume weighted average share price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global oil and gas major Shell has made a A$617-million takeover offer for ASX-listed commercial and industrial electricity retailer ERM Power.<\/p>\n<p>Under the terms of the proposed offer, ERM shareholders would receive A$2.465 in cash for every share 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