Good evening,

ASX-listed renewables developer and owner Genex Power will be quick out of the gates on Monday morning, confirming it’s sitting on a bid from Scott Farquahar/Kim Jackson’s Skip Capital and a private equity backer.

Skip and its mate (an offshore PE fund) are expected to offer a 70 per cent premium to take Genex Power off the ASX boards, which is the sort of premium that would normally encourage a company to at least engage.

Genex Power has Goldman Sachs in its corner; it saw Friday night’s trade, where Skip and Co raided the renewables group’s register at a premium, and knew there was a bid incoming.

Elsewhere in Street Talk, we’ve spotted a $US100 million funding round at Australian defibrillator maker Rapid Response Revival, and it looks like curtains for Australian Unity Office Property Fund’s takeover.

And finally, in something that’ll be a big talking point in legal circles, Corrs Chambers Westgarth has confirmed it has ceased working on the Catholic Church’s “personal injury” matters.

Happy reading,
Anthony Macdonald, Sarah Thompson and Kanika Sood
Street Talk editors