Thursday, 17 April, 2008 - 15:22
Herald Resources takeover bid firms
Chinese-Indonesia consortium Antam Zhongjin has gained shareholder approval for its $2.50 a share, $505 million take over bid for West Perth-based Herald Resources.
Chinese-Indonesia consortium Antam Zhongjin has gained shareholder approval for its $2.50 a share, $505 million take over bid for West Perth-based Herald Resources.
It is not that Perth dealmakers are joining the dole queues, they have just had a little more time on their hands recently.
Perth-based silver, lead and zinc miner Perilya has received a takeover offer from its major Chinese shareholder, Zhongjin Lignan Mining.
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Shenzhen Zhongjin Lingnan Nonfemet Company | Perilya | Takeover | $128.30m | >> |