M&A

EFD extends Finders offer after surge

EASTERN Field Developments has had a last minute surge of acceptances in its takeover bid for troubled Indonesian copper miner Finders Resources, but six months after making its intentions public it still only holds one-third of the company.

Haydn Black
EFD extends Finders offer after surge

The EFD consortium – Provident Minerals, Saratoga Investama and Merdeka Copper Gold – launched its 23c takeover offer last November and since then moved from 19.8% to 27.41% with a number of acceptances...

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