Bumi bumps up Herald bid

THE ongoing takeover tussle for Herald Resources continues with Indonesian coal miner PT Bumi upping its bid for Herald to around $A563.4 million, ending the deadlock with rival bidders PT Antam and Shenzhen Zhongjin Lingnan Nonfemet.

Bumi bumps up Herald bid Bumi bumps up Herald bid Bumi bumps up Herald bid Bumi bumps up Herald bid Bumi bumps up Herald bid

Bumi announced yesterday that its subsidiary Calipso Investment would ramp up its offer from $A2.80 per share to $2.85 per share for Herald.

topics

loader