middle.news
Fortescue Raises Red Hawk Takeover Offer to $1.20 After Securing 78% Stake
5:35pm on Sunday 1st of June, 2025 AEST
•
Mining
Read Story
Fortescue Raises Red Hawk Takeover Offer to $1.20 After Securing 78% Stake
5:35pm on Sunday 1st of June, 2025 AEST
Key Points
Fortescue’s offer price raised to $1.20 per Red Hawk share
Major shareholders TIO and OCJ have accepted the offer, giving Fortescue 78% ownership
Offer condition waiver expected by 17 February 2025, making the offer unconditional
Red Hawk board unanimously recommends acceptance of the increased offer
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
RHK
OPEN ARTICLE