BARRY FITZGERALD

Mincor rolls over for Forrest while others dig in

MINCOR'S board might have gone down without a fight in Andrew Forrest’s A$750 million on-market takeover bid for the Kambalda nickel miner takeover, but it seems clear that a bunch of shareholders will be ignoring the advice of their directors to surrender, writes <b>Barry FitzGerald</b>.

Barry FitzGerald
Mincor rolls over for Forrest while others dig in

It means that there is a real prospect that Mincor's ASX presence will live on, albeit with the Forrest family's bidding vehicle Wyloo firmly in control, but well short of the 90% needed to trigger compulsory...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.