27
Apr
09:55
Eramet launches unsolicited offer to buy MDL
French miner Eramet has proposed to make an off-market takeover offer to acquire all of the issued shares in Mineral Deposits Limited (MDL) that it does not already own, Kallanish learns from the company.
The offer price is AUD 1.46 ($1.11) cash per share. This is an all-cash transaction that values the equity of MDL at approximately $291 million. As part of the offer, Eramet has acquired a relevant interest in 13.3% of MDL shares from key institutional sha…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous