ASX-listed Fortescue said on Tuesday morning that it had obtained a majority interest of 66.23% in iron-ore junior Red Hawk Mining following the acceptance of its off-market takeover offer by Red ...
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Fortescue has launched a $254 million off-market takeover bid to acquire Red Hawk Mining, bringing an undeveloped iron ore project in the Pilbara region of Western Australia into its fold. The ...
Fortescue has lobbed a $254 million offer to snap up ASX-listed junior Red Hawk Mining, owner of a greenfields iron ore project neighbouring the Andrew Forrest-led miner's Solomon operations. The ...
Red Hawk Mining managing director Steven Michael wants shareholders to accept Fortescue’s initial $1.05-per-share offer which will rise if it secures at least 75 per cent of the company.
FMG plans to free the offer from these conditions 14 days after acquiring a 50.1% interest in Red Hawk shares. Credit: T. Schneider/Shutterstock. Fortescue, through its subsidiary FMG Pilbara, has ...
Fortescue (ASX:FMG) subsidiary FMG Pilbara has proposed to acquire all of Red Hawk Mining’s (ASX:RHK) shares via an off-market takeover offer. Under the offer, FMG, which has a market capitalisation ...
Australian mining giant Fortescue (ASX: FMG) has made a takeover bid worth as much as $254 million for up-and-coming Pilbara iron ore mine developer Red Hawk Mining (ASX: RHK). Red Hawk operates the ...
RHK’s two largest shareholders own over 80% of the company between them. “Having carefully considered the merits of the offer, the Red Hawk board has unanimously concluded that the base offer price ...
Fortescue Ltd. plans to buy Red Hawk Mining Ltd. to gain access to an undeveloped iron ore mine near its major Solomon project in Western Australia. The offer price of as much as A$1.20 cash per ...