14
Jun
10:11
MDL tells shareholders to reject Eramet's offer
Australia’s Mineral Deposits Limited (MDL) is recommending that shareholders reject once again Eramet’s increased offer of AUD 1.75 ($1.32) cash per MDL share. The miner says that they should take no action on the basis that the revised offer continues to undervalue MDL shares, Kallanish learns from a statement by MDL.
The offer remains below the Independent Expert’s fair value range of AUD 2.04 to AUD 2.52 per share and remains conditional. MD…
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Anonymous
Very good overview of the weekly steel market.
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