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Forrestania Nears Majority in Zenith Takeover Bid

9:46am on Thursday 23rd of July, 2026 AEST Mining
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Forrestania Nears Majority in Zenith Takeover Bid

9:46am on Thursday 23rd of July, 2026 AEST
Key Points
  • Forrestania holds 41.74% voting power in Zenith
  • No superior bids have emerged since offer launch
  • Ida Metal increases Zenith stake but won’t accept offer
  • Forrestania’s Edna May acquisition strengthens regional position
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