18
Oct
10:22
Essential shareholders back Develop Global takeover bid
The shareholders of Australian lithium developer Essential Metals have voted in favour of an acquisition offer by metals explorer Develop Global, Kallanish learns.
The two Australian firms signed a scheme implementation deed (SID) in July this year, under which Develop would acquire Essential for AUD 152.6 million ($96.7m). The share-based deal would have Essential shareholders receiving one new Develop share for every 6.18 Essential shares they hold, valuing th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous