Uncertainty over the future of the iron ore market played a significant role in the likely $254 million takeover of the ...
Billionaire Andrew Forrest’s Fortescue has launched an off-market bid to acquire Red Hawk, the owner of a key iron ore ...
Fortescue launches takeover bid for Red Hawk Mining, offering A$1.05/share, aims for 75% stake at A$1.20/share, totaling ...
Fortescue has launched a $254 million off-market takeover bid to acquire Red Hawk Mining, bringing an undeveloped iron ore ...
The offer price of as much as A$1.20 cash per share implies a fully diluted equity value for Red Hawk of A$254 million ($160 ...
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
In addition, the offer will increase to $1.20 per share if Fortescue acquires a relevant interest in 75% or more in Red Hawk ...