M&A

Tangled takeover web spins out between Xstrata, Indophil and Lion

XSTRATA's takeover play for Indophil Resources is less than a week old but the knives are out between the key players, with investment house Lion Selection today launching another missive against Indophil.

MiningNews.Net
Tangled takeover web spins out between Xstrata, Indophil and Lion

Lion's letter to shareholders today warned them not to accept Indophil's scrip bid for Lion, even though Indophil's rising share price has made the takeover offer more attractive. Indophil's stocks...

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