M&A

St Barbara board rebuffs Silver Lake once again

THE board of St Barbara says it will not engage further with Silver Lake Resources over its non-binding proposal to acquire the Leonora assets.

Image: iStock/chameleonseye

Image: iStock/chameleonseye

On Friday night, Silver Lake submitted an improved proposal comprising A$370 million cash and 327.1 million shares, worth $338 million at yesterday's closing price. Silver Lake acknowledged the revised...

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