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BC to strengthen Pilbara holdings with IOH takeover

BC IRON has made a $A256 million cash and scrip takeover offer for Pilbara junior Iron Ore Holdings.

Kristie Batten
BC to strengthen Pilbara holdings with IOH takeover

The offer of 0.44 of a BC share and 10c in cash for every IOH share held values IOH at $1.59, a 79% premium based on the 60-day volume weighted average prices of both companies’ shares. The implied...

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