Australasian inks merger agreement with RDI

AUSTRALASIAN Resources has entered into a merger agreement with iron ore magnate Clive Palmer’s Resource Development International, the company the billionaire plans to build into a major diversified resources group, with investors welcoming the news.

Australasian inks merger agreement with RDI Australasian inks merger agreement with RDI Australasian inks merger agreement with RDI Australasian inks merger agreement with RDI Australasian inks merger agreement with RDI

Last month, Perth-based Australasian received an all-scrip merger proposal from RDI, which placed a notional value of $2.20 on each Australasian share.

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