IRN indophil resources nl

indophil becomes a takeover target again-smh

  1. 6,714 Posts.
    lightbulb Created with Sketch. 287
    Sydney Morning Herald article:-

    http://www.smh.com.au/business/indophil-becomes-a-takeover-target-again-20100902-14rsi.html

    "A $550 million takeover of the Melbourne-based Philippine copper-gold group Indophil Resources is back on the cards after the July withdrawal by Chinese group Zijin with its $1.28-a-share offer."

    Also in the Business Spectator this morning:-

    http://www.businessspectator.com.au/bs.nsf/Article/BREAKFAST-DEALS-Indophils-Filipino-fling-pd20100903-8WSL4?opendocument&src=rss

    "The Philippines' biggest mining company Philex Mining Corp says it is mulling an investment into the $US5 billion-plus Tampakan project in the Philippines, in which Indophil owns a 37.5 per cent stake, alongside one-time suitor Xstrata."


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.