CAPITAL MARKETS

Third party could trump rivals in NQM bid

TAKEOVER target North Queensland Metals is hoping an unsolicited approach from a third party will lead to a superior offer and trump the takeover tug-of-war for the group between rivals Conquest Mining and Heemskirk Consolidated.

MiningNews.Net
Third party could trump rivals in NQM bid

In a statement, NQM said it had received an approach from a third party proposing to make a non-binding indicative offer for its shares. The third party indicated that any offer would be made at a higher...

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