middle.news
Will Peak Rare Earths Shareholders Approve Shenghe’s $195M Takeover Bid?
11:31am on Tuesday 16th of September, 2025 AEST
•
Mining
Read Story
Will Peak Rare Earths Shareholders Approve Shenghe’s $195M Takeover Bid?
11:31am on Tuesday 16th of September, 2025 AEST
Key Points
Shenghe Resources proposes $195 million acquisition via scheme of arrangement
Offer price of $0.443 per share reflects 32% premium over recent trading price
Competing $240 million bid from GICP deemed incomplete and risky
Independent Board Committee unanimously supports Shenghe’s scheme
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
PEK
OPEN ARTICLE