middle.news

Xanadu Takeover Nears Completion as Bastion Hits 86.8% Stake

5:01pm on Tuesday 8th of July, 2025 AEST Mining
Read Story

Xanadu Takeover Nears Completion as Bastion Hits 86.8% Stake

5:01pm on Tuesday 8th of July, 2025 AEST
Key Points
  • Bastion holds 86.8% relevant interest in Xanadu shares
  • Xanadu’s Takeover Committee unanimously endorses Bastion’s superior offer
  • Offer closing date extended to July 29, 2025
  • Potential delisting from ASX and TSX raises liquidity concerns
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about XAM
OPEN ARTICLE