M&A

Zijin releases Phoenix bid details

PHOENIX Gold has reaffirmed its advice to shareholders to take no action on Zijin Mining Group's takeover offer after receiving an official bidder's statement for the offer.

Jack McGinn
Zijin releases Phoenix bid details

Zijin announced its cash, off-market takeover offer to acquire all shares not previously owned in Phoenix at A10c each on June 22, and released its bidder’s statement yesterday after receiving Foreign...

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