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Why Shenghe Just Raised Its Offer for Peak Rare Earths to A$195 Million
8:25am on Friday 5th of September, 2025 AEST
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Mining
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Why Shenghe Just Raised Its Offer for Peak Rare Earths to A$195 Million
8:25am on Friday 5th of September, 2025 AEST
Key Points
Shenghe increases acquisition offer by 23% to A$195 million
Revised cash consideration at least A$0.443 per Peak share
Offer represents a 32% premium to recent trading price
Peak Independent Board Committee unanimously backs the scheme
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