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Why Did Kinterra Just Raise Its NWR Takeover Offer to A$0.067?
8:40am on Thursday 24th of July, 2025 AEST
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Why Did Kinterra Just Raise Its NWR Takeover Offer to A$0.067?
8:40am on Thursday 24th of July, 2025 AEST
Key Points
Kinterra increases takeover offer from A$0.066 to A$0.067 per NWR share
NWR board unanimously recommends acceptance of Kinterra’s all-cash offer
Competing bid from CAML formally withdrawn, leaving Kinterra as sole bidder
Offer represents a premium of over 130% to recent NWR trading prices
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