CAPITAL MARKETS

Carabella surges from hostile takeover offer

SHARES of Queensland coal explorer Carabella Resources have more than doubled after a surprise of...

Blair Price
Carabella surges from hostile takeover offer

While frantic trading pushed Carabella’s shares slightly above the A42c offered by its 11% shareholder Wealth Mining – with the offer being a 110% premium to the previous closing price on Monday – Carabella’s...

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