UPDATE 2-Australia’s Panoramic rejects Independence’s takeover offer, plans capital raise
Australian nickel miner Panoramic
Resources on Thursday recommended that its shareholders
reject a takeover bid by larger peer Independence Group NL
and went ahead with a capital raising effort,
breaching an offer condition.
Resources on Thursday recommended that its shareholders
reject a takeover bid by larger peer Independence Group NL
and went ahead with a capital raising effort,
breaching an offer condition.
Posted by Reuters
