Currently viewing Global edition

Hostile Gemfields takeover succeeds

The takeover Gemfields (LN:GEM) leadership had bitterly opposed will go ahead after Pallinghurst Resources (SJ:PGL) confirmed it had gained the necessary shareholder support.

Hostile Gemfields takeover succeeds Hostile Gemfields takeover succeeds Hostile Gemfields takeover succeeds Hostile Gemfields takeover succeeds Hostile Gemfields takeover succeeds

Not palling around: Pallinghurst shareholders backed its takeover of Gemfields and its mines

Gemfields announced this week 37% of shareholders had backed Pallinghurst's move and encouraged the rest to take up the share swap that will give them 1.

Most read Archive