Finance > M-a

ASA takeover saga continues

The long-running saga for control of ASA Resources Group (LN:ASA) just keeps on going, with Rich Pro Investment refusing to give up its bid, despite continued resistance, including a knock down in court.

Finance > M-a

ASA takeover saga continues

The long-running saga for control of ASA Resources Group (LN:ASA) just keeps on going, with Rich Pro Investment refusing to give up its bid, despite continued resistance, including a knock down in court.

ASA takeover saga continues

Rich Pro has still not managed to get its hands on ASA Resources

In the latest developments, a court has re-appointed the initial joint administrators, Mark Skelton and Trevor Birch from Duff & Phelps, and added a third administrator, Alvarez & Marsal Europe managing director Richard Fleming, to work with them.