daytrading april 9 pre-market, page-13

Sundance admits Hanlong bid terminated

Sundance Resources has finally conceded that its prolonged takeover deal with Chinese group Hanlong has failed.

Almost 21 months after a full takeover was launched by Hanlong, Sundance confirmed on Monday evening that the company had terminated its agreement with Hanlong after it became clear the Chinese group could not meet its funding obligations


Read more: http://www.theage.com.au/business/mining-and-resources/sundance-admits-hanlong-bid-terminated-20130409-2hhwp.html#ixzz2Pug3yOhP