CAPITAL MARKETS

Reject takeover offer: Brockman

BROCKMAN Resources chairman Barry Cusack has advised shareholders at the company's annual general meeting in Perth today to reject the unsolicited takeover bid by major shareholder Wah Nam International.

Kristie Batten
Reject takeover offer: Brockman

In his chairman’s address, Cusack said the all-scrip offer with foreign exchange, as well as the simultaneous bid for fellow Pilbara junior FerrAus, made the bid complicated to analyse. “Your directors...

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