CAPITAL MARKETS

BC bid rides on financing

REGENT Pacific Group has emerged from a trading halt in Hong Kong this afternoon and said although its takeover of BC Iron was back on, it was still dependent on financing.

Kristie Batten
BC bid rides on financing

BC also resumed trading and the news boosted its shares 5% or A14c to $2.70. The Takeovers Panel ruled today that Regent’s withdrawal of its $345 friendly bid for BC was unacceptable and the reliance...

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