middle.news
Zenith and Forrestania update takeover deed with fresh terms and board plans
10:20am on Tuesday 18th of August, 2026 AEST
•
Mining
Read Story
Zenith and Forrestania update takeover deed with fresh terms and board plans
10:20am on Tuesday 18th of August, 2026 AEST
Key Points
Forrestania offers 1 share per 4.3 Zenith shares
Minimum acceptance condition set at 50.1% of Zenith shares
Zenith directors committed to recommending the bid barring superior proposals
Break fee of $750,000 and reverse break fee of $625,000 included
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Zenith Minerals (ASX:ZNC)
OPEN ARTICLE