CAPITAL MARKETS

Elemental attracts bid

SHARES in dual-listed potash developer Elemental Minerals skyrocketed today after the company said it received a non-binding takeover proposal from a Hong Kong-listed investor, at a substantial premium to the last closing price.

Kristie Batten
Elemental attracts bid

Dingyi Group Investment has put forward an indicative, incomplete and conditional A66c per share proposal. The offer price represents an 88.5% premium to Elemental’s last Australian Securities Exchange...

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