CORPORATE ACTIVITY
Takeover target Finders Resources has again urged shareholders not to take any action regarding an offmarket takeover offer as the consortium of Indonesia-listed companies, known as Eastern Field Developments.
The consortium, which is jointly owned by Procap Partners, PT Saratoga Investama Sedaya and PT Merdeka Copper Gold, on Tuesday lodged a bidders’ statement, offering Finders shareholders 23c in cash for every Finders share held.
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