Paladin aims to conquer Summit

PALADIN Resources has made a $A1 billion all-scrip takeover bid for advanced uranium play Summit Resources, with the latter’s shares soaring to an all-time high on the news.

Paladin aims to conquer Summit Paladin aims to conquer Summit Paladin aims to conquer Summit Paladin aims to conquer Summit Paladin aims to conquer Summit

News of the off-market scrip takeover sent Summit shares upward by more than $1 to a high of $5.11 before they cooled to settle at $5.02 at the time of writing.

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