M&A

Spoiler bids kill Austar's Centennial buy

UNIFICATION is off the table in Victoria with AuStar Gold walking away from the purchase of failed fellow minnow Centennial Mining, in part because third parties were trying to disrupt the process.

The Morning Star mill.

The Morning Star mill.

This afternoon AuStar said an agreement struck last week to acquire the debts owed by Centennial and associated concern Maldon Resources to Mining Lending was over, a prospectus to raise at least A$4.4...

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