CAPITAL MARKETS

Sedimentary slowly out of the blocks

SEDIMENTARY Holdings’ hostile takeover bid for NuStar Mining has gotten off to a slow start, having only increased its relevant interest in NuStar from 4.2% at the time of the offer back in November to 4.4% currently.

Brad Ricks
Sedimentary slowly out of the blocks

Sedimentary today extended the offer period to February 3 next year, as opposed to the original date January 4. The new date for Sedimentary to update the status of the conditions for the offer was January...

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