March 8, 2020 / 9:47 PM / 20 days ago

Australia's Zenith Energy gets $100 million offer from Pacific Equity Partners

March 9 (Reuters) - Zenith Energy Ltd said on Monday that an entity owned by private equity firm Pacific Equity Partners would buy the power generation company for A$150.9 million ($99.59 million).

The offer represents a 45.3% premium to Zenith’s closing price on Friday. ($1 = 1.5152 Australian dollars) (Reporting by A K Pranav in Bengaluru; Editing by Peter Cooney)

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