Good evening,

Senex Energy will lead ASX-listed company M&A news on Monday morning, although it’s not what shareholders had been hoping for.

Suitor Posco International has asked for more time to shore up its $890 million bid for the company and Senex’s board, having gone this far down the garden path and having obtained what they think is a big bid, is expected to grant it.

Senex investors will be reading between the lines to try to work out whether there’s anything more to the delay.

Elsewhere, we take a look at who’s stalking youthwear retailer General Pants, and have spotted a well-known Sydney-based stockpicker preparing to hang up a new shingle.

And we have news on two of Blackstone’s pursuits - LaTrobe and Crown.

Happy reading
Anthony Macdonald, Yolanda Redrup and Kanika Sood
Street Talk editors