M&A

Tango extends Herald bid

TANGO Mining - PT Antam and Shenzhen Zhongjin Lingnan Nonfemet's takeover vehicle for Herald Resources - has extended its offer for the Perth-based zinc play until June 24, one day after rival bidder PT Bumi Resources upped its Herald offer.

MiningNews.Net

Tango extends Herald bid

In a joint news statement released yesterday, the companies said the extension would enable Tango's board to consider its response to the variations to the bid by Calipso Investment - Bumi's takeover vehicle...

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