M&A

Fortescue wins Red Hawk

Offer increased as second largest shareholder capitulates, delisting to follow soon

Fortescue has won control of Red Hawk

Fortescue has won control of Red Hawk | Credits: Martin Adams-Unsplash

As expected, the second-largest shareholder in iron ore minnow Red Hawk Mining capitulated yesterday, throwing its chips on the table to accept the dangling carrot of an increased cash offer from major...

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