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Kangaroo bounces on Bayan bid

Indonesian coal miner offers 600% premium to mop up partner it financially supports

Haydn Black
Kangaroo by Christopher Burns.

Kangaroo by Christopher Burns.

The offer price is at a 275% premium to the closing share price on May 4.   News of the discussions was confirmed after that date after the company attracted a speeding ticket when its shares rose...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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