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FMG Pilbara’s Takeover Bid for Red Hawk Mining Now Unconditional

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FMG Pilbara’s Takeover Bid for Red Hawk Mining Now Unconditional

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An announcement from Flinders Mines Limited ( (AU:RHK) ) is now available.

FMG Pilbara, a wholly-owned subsidiary of Fortescue Limited, has made an off-market takeover bid for all shares of Red Hawk Mining Limited. The bid is now unconditional following the fulfilment of all conditions, and payment to Red Hawk shareholders who have accepted the offer will be dispatched as per the specified timeframes. The offer is set to close on March 3, 2025, unless extended or withdrawn.

More about Flinders Mines Limited

YTD Price Performance: 45.16%

Average Trading Volume: 1

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €154.2M

Learn more about RHK stock on TipRanks’ Stock Analysis page.

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