Dec 8 (Reuters) - China Energy Reserve and Chemicals Group:
* ANNOUNCES $0.73 PER SHARE CASH TAKEOVER OFFER FOR 100 PERCENT OF SHARES IN AWE LTD THROUGH UNIT
* OFFER VALUES AWE AT APPROXIMATELY $463 MILLION ON A FULLY DILUTED BASIS
Dec 8 (Reuters) - China Energy Reserve and Chemicals Group:
* ANNOUNCES $0.73 PER SHARE CASH TAKEOVER OFFER FOR 100 PERCENT OF SHARES IN AWE LTD THROUGH UNIT
* OFFER VALUES AWE AT APPROXIMATELY $463 MILLION ON A FULLY DILUTED BASIS