WSA western areas limited
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News: WSA Miner IGO gets Wyloo support for Western Areas $790 mln buyout bid

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    17/02/22
    16:50
    Post #: 59642489

    Feb 17 (Reuters) - Australian nickel and lithium miner IGO Ltd (IGO) said on Thursday Wyloo Consolidated Investments, one of Western Areas' top shareholders, has agreed to vote in support of A$1.10 billion ($790.24 million) buyout.

    The deal, announced in mid-December, was unanimously recommended by Western Areas' board and had the support of it largest shareholder Perpetual Ltd (PPT) .

    ($1 = 1.3920 Australian dollars)

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