middle.news
Why Is Shenghe Paying a 199% Premium to Acquire Peak Rare Earths?
2:27am on Monday 2nd of June, 2025 AEST
•
Mining
Read Story
Why Is Shenghe Paying a 199% Premium to Acquire Peak Rare Earths?
2:27am on Monday 2nd of June, 2025 AEST
Key Points
Binding Scheme Implementation Deed signed with Shenghe subsidiary
Acquisition values Peak at A$150.5 million plus ~A$7.5 million entitlement offer
Shareholders offered ~A$0.359 per share, a 199% premium to recent closing price
Transaction replaces prior joint venture plan due to geopolitical and regulatory risks
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
PEK
OPEN ARTICLE