Shenghe holds one-fifth of Peak Rare Earths, and using that weight, has scrapped a superior takeover offer
Earlier this month, Peak Rare Earths (ASX:PEK) received a takeover bid from Singaporean outfit Shenghe Resources that valued the company at $200 million, more or less. That was the second, improved iteration of a bid from Shenghe for the company that was better received by shareholders.Listen to ...
