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Perseus boss says gloves are off in $270m gold takeover battle

Brad Thompson
Brad ThompsonReporter
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Gold miner Perseus is a big step closer to landing a knockout blow in the takeover battle for ASX-listed Tanzanian explorer OreCorp after winning over the board and major shareholders Tim Goyder and Nick Giorgetta.

Perseus lifted its all-cash offer to $270 million, or 57.5¢ a share, on Wednesday, in the latest twist in a takeover tussle with Canadian company Silvercorp Metals.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
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    Original URL: https://www.afr.com/companies/mining/perseus-boss-says-gloves-are-off-in-270m-gold-takeover-battle-20240320-p5fdyg