M&A

Xstrata triumphs in Resource Pacific bid

XSTRATA has taken control of more than 50% of Resource Pacific shares, quickly on its way to the 90% level which will see it take full ownership of the Newpac mine owner.

MiningNews.Net

Xstrata triumphs in Resource Pacific bid

This morning acceptances of Xstrata's $A3.20 per share cash offer were at 57.17%. Xstrata passed the halfway mark at about midday yesterday. While Resource Pacific has stood fast over Xstrata's hostile...

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