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05 Jul
09:30

Eramet makes unsolicited offer for Mineral Deposits unconditional

French miner Eramet has declared as unconditional its all-cash offer for all of the fully-paid ordinary shares in Australia’s Mineral Deposits Limited (MDL). As a result, MDL shareholders who accept the offer will now be paid AUD 1.75 ($1.29) per MDL share within 7 business days of acceptance, Eramet says in a note seen by Kallanish. “The offer price of AUD 1.75 per MDL share is last and final and will not be increased in the absence of any alternati…
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