M&A

Discovery holds out for better offer

DISCOVERY Metals' Chinese suitors have hit out at the company for failing to engage, as the copper producer labelled a $A1.70 per share offer as inadequate.

Kristie Batten
Discovery holds out for better offer

Late yesterday, Discovery revealed it had met with representatives from suitors Cathay Fortune Corporation and China-Africa Development Fund earlier in the day to discuss the takeover proposal. The...

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