middle.news
Fortescue Secures Majority Stake in Red Hawk Mining with $1.20 Offer Incentive
5:39pm on Sunday 1st of June, 2025 AEST
•
Mining
Read Story
Fortescue Secures Majority Stake in Red Hawk Mining with $1.20 Offer Incentive
5:39pm on Sunday 1st of June, 2025 AEST
Key Points
FMG Pilbara Pty Ltd holds 66.23% of Red Hawk Mining shares
Increased offer price of $1.20 per share if FMG reaches 75% ownership by February 4
Red Hawk’s largest shareholder, TIO (NZ) Limited, accepted the offer, triggering majority control
Red Hawk Board unanimously recommends shareholders accept the offer
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
RHK
OPEN ARTICLE