Jan 29 (Reuters) - Australia's AWE Ltd said on Monday it received a takeover offer from Japan's Mitsui & Co for about A$594 million ($481.38 million), or A$0.95 per share in cash, in an off-market bid for the company.
AWE said in a statement that the Mitsui proposal was subject to, besides other conditions, the company terminating its scheme implementation agreement with Mineral Resources by the end of Feb 2 for its A$0.83 per share offer for AWE. ($1 = 1.2340 Australian dollars)
(Reporting By Rushil Dutta in Bengaluru; Editing by Daniel Wallis)
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