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Why Did New World’s Board Switch to Kinterra’s Takeover Bid?

10:12am on Thursday 24th of July, 2025 AEST Materials
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Why Did New World’s Board Switch to Kinterra’s Takeover Bid?

10:12am on Thursday 24th of July, 2025 AEST
Key Points
  • Kinterra withdraws Takeovers Panel review application
  • Kinterra raises takeover offer to 6.6–6.7 cents per share
  • New World Resources board switches support to Kinterra
  • Central Asia Metals withdraws its takeover offer
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