Someone has egg on their face
AUGUST 2019
Wesfarmers has walked away from its $1.5 billion takeover offer for Lynas Corporation.
Initially, Wesfarmers proposed to acquire Lynas for $2.25 a share, an offer that was swiftly rejected by the target’s board.
Wesfarmers managing director Rob Scott said, “Wesfarmers remains focussed on delivering value to its shareholders through disciplined capital allocation within our division and when considering new investments.”
Someone has egg on their face [IMG] AUGUST 2019 Wesfarmers has...
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Change
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Mkt cap ! $9.354B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 3000 | $9.92 |
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| Price($) | Vol. | No. |
|---|---|---|
| $10.00 | 60555 | 22 |
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