M&A

Bullseye board sticks with Emerald for now

EMERALD Resources says that despite a rival all cash-bid emerging from Xinhe International Investment Company, Bullseye Mining's board appears to be sticking with the existing all-scrip offer.

Bullseye board sticks with Emerald for now

On Friday, Xinhe, which owns 14.8% of Bullseye and has long been a dissatisfied shareholder, announced it was refusing Emerald's offer and intends to launch a rival cash offer at 31c per share, but is...

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