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Perseus Mining ( (AU:PRU) ) has provided an announcement.
Predictive Discovery Limited (PDI) has received an unsolicited acquisition proposal from Perseus Mining Limited to acquire all issued ordinary shares of PDI not already owned by Perseus. The proposal offers a premium on PDI’s share price and includes a loan facility for PDI’s operational needs. The PDI Board has deemed this a ‘Superior Proposal’ compared to an existing agreement with Robex Resources Inc., triggering a matching period for Robex to respond. The proposal’s completion is uncertain, pending further developments and approvals.
The most recent analyst rating on (AU:PRU) stock is a Buy with a A$5.50 price target. To see the full list of analyst forecasts on Perseus Mining stock, see the AU:PRU Stock Forecast page.
More about Perseus Mining
Average Trading Volume: 5,585,366
Technical Sentiment Signal: Buy
Current Market Cap: A$7.62B
Learn more about PRU stock on TipRanks’ Stock Analysis page.