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IGO lobs hostile bid for Panoramic

Scrip offer for re-emerging nickel producer that's had its issues of late

Michael Quinn
Independence is trying to add Panoramic's nickel assets into the mix with its circa A$300 million scrip bid

Independence is trying to add Panoramic's nickel assets into the mix with its circa A$300 million scrip bid

On IGO's numbers, the implied offer price is 47.6c per Panoramic share. However, IGO MD Peter Bradford indicated the offer wouldn't proceed if it wasn't allowed to undertake due diligence, saying the...

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