ASX

Genex Power rejects Atlassian founder’s $320 million takeover bid as undervaluing the renewable energy company

- August 1, 2022 2 MIN READ

The board of ASX-listed Genex Power Limited (ASX: GNX) have rejected a takeover bid by Altassian co-founder Scott Farquhar as undervaluing the business. Last Monday, after building up a 19.9% stake in Genex via a consortium controlled by Skip Capital, the family VC run by Farquhar’s wife Kim Jackson, in a partnership with US alternative… Read more »