Rex Minerals has entered into a scheme implementation deed (SID) with its major shareholder MACH Metals Australia, under which MACH will acquire all of the shares it does not already own for cash consideration of A$0.47 per share. The offer price, which implies a fully diluted equity value of A$393 million, follows a competitive global partnering process, which focused on…
Read MoreMACH Metals to takeover Rex Minerals
