Aquila offer not fair but reasonable

AN independent expert has deemed Baosteel Resources and Aurizon Holdings’ $A3.40 per share offer for Aquila Resources as “not fair but reasonable”.

Aquila offer not fair but reasonable Aquila offer not fair but reasonable Aquila offer not fair but reasonable Aquila offer not fair but reasonable Aquila offer not fair but reasonable

Independent expert Grant Samuel said the offer was not fair and assessed the value of Aquila shares to be $3.90-5.24.

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