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Champion Iron Secures Over 90% Acceptance in Rana Gruber Takeover Bid
8:40am on Thursday 12th of March, 2026 AEDT
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Champion Iron Secures Over 90% Acceptance in Rana Gruber Takeover Bid
8:40am on Thursday 12th of March, 2026 AEDT
Key Points
Champion Iron receives acceptances representing approximately 90.07% of Rana Gruber shares
Minimum shareholder acceptance condition satisfied for voluntary cash offer
Completion subject to customary verifications and other closing conditions
Plans for compulsory acquisition of remaining shares under Norwegian regulations
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