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Fortescue Secures 75% Stake in Red Hawk, Boosts Offer Price to A$1.20
9:20am on Wednesday 5th of February, 2025 AEDT
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Mining
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Fortescue Secures 75% Stake in Red Hawk, Boosts Offer Price to A$1.20
9:20am on Wednesday 5th of February, 2025 AEDT
Key Points
Fortescue acquires over 75% of Red Hawk Mining shares
Offer price increased from A$1.05 to A$1.20 per share
Offer remains open until 3 March 2025
Increased offer benefits existing Red Hawk shareholders who accepted earlier
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