More drama in Cardinal battle

More drama in Cardinal battle

Nordgold changes Takeover Panel tactic, Shandong flags higher offer option

Capital markets

27 OCTOBER 2020
Nordgold and Shandong tussle over 'cruel' Cardinal claims

Nordgold and Shandong tussle over 'cruel' Cardinal claims

Takeovers Panel application lodged over claims of misleading statements

M&A

26 OCTOBER 2020
Nordgold lifts Cardinal offer

Nordgold lifts Cardinal offer

Major shareholder not giving up without a fight

M&A

21 OCTOBER 2020
Cardinal backs $565M takeover

Cardinal backs $565M takeover

Shareholders told to accept latest bid

M&A

08 SEPTEMBER 2020
Shandong boosts Cardinal offer

Shandong boosts Cardinal offer

Chinese firm had matching rights

M&A

07 SEPTEMBER 2020
Nordgold creeping up Cardinal register

Nordgold creeping up Cardinal register

Cardinal weighs options as rival bidder boosts stake

M&A

03 SEPTEMBER 2020
Battle for Cardinal not over

Battle for Cardinal not over

Russians return with much higher offer

M&A

02 SEPTEMBER 2020
Cardinal backs higher Shandong bid

Cardinal backs higher Shandong bid

Shareholders told to reject Nordgold offer

M&A

27 JULY 2020
Shandong returns with higher Cardinal offer

Shandong returns with higher Cardinal offer

Shareholders urged to take no action

M&A

23 JULY 2020
Bidding war for Cardinal erupts

Bidding war for Cardinal erupts

Major shareholder throws its hat into the ring

M&A

15 JULY 2020
Cardinal backing $300M takeover offer

Cardinal backing $300M takeover offer

Bid trumps earlier proposal from Russia's Nordgold

M&A

19 JUNE 2020
Ghanaian government buys Cardinal's Sprott debt

Ghanaian government buys Cardinal's Sprott debt

Sovereign wealth fund takes over facility to increase national participation in Namdini

Project finance

05 JUNE 2020