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Kinterra Raises NWR Bid to A$0.062, Outpacing CAML’s Conditional Scheme
9:49am on Monday 30th of June, 2025 AEST
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Kinterra Raises NWR Bid to A$0.062, Outpacing CAML’s Conditional Scheme
9:49am on Monday 30th of June, 2025 AEST
Key Points
Kinterra increases takeover offer for NWR shares from A$0.057 to A$0.062
Revised offer represents premiums up to 210% over recent NWR trading prices
Kinterra’s bid is unconditional and subject to fewer regulatory approvals than CAML’s scheme
Kinterra holds 19.30% of NWR and plans to vote against CAML’s proposal
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