Big bucks in play for BC Iron, Berkeley raising
Regent Pacific Group shouldn’t make the same mistake as its fellow Hong Kong play Wah Nam Holdings when it announces its takeover offer for Western Australian iron ore miner BC Iron today.
Regent Pacific Group shouldn’t make the same mistake as its fellow Hong Kong play Wah Nam Holdings when it announces its takeover offer for Western Australian iron ore miner BC Iron today.
Regent Pacific should have learnt from the dismal failure of Wah Nam’s all-scrip takeover offers for iron ore companies Brockman Resources and Ferraus. Instead, Regent Pacific will put to work the $US123.6 million now on its books in the form of a cash offer.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out more