Sentences with phrase «indicative takeover proposal»

He said the rise in the oil price and the resulting stronger cash flows made Santos a more valuable company than it was a month ago and Harbour, which made a $ 13.5 billion indicative takeover proposal in early April, would need to pay up.

Not exact matches

Rio Tinto Limited («Rio Tinto»)(ASX: RIO) notes the announcement made by Coal & Allied Industries Limited («Coal & Allied»)(ASX: CNA) today relating to an indicative, conditional, incomplete and non-binding proposal from Rio Tinto, under which Rio Tinto and Mitsubishi Development Pty Ltd («Mitsubishi Development»), a wholly - owned subsidiary of Mitsubishi Corporation (TSE: 8058; LSE: MBC), would acquire all of the shares in Coal & Allied they do not already hold under a joint takeover («Proposal&proposal from Rio Tinto, under which Rio Tinto and Mitsubishi Development Pty Ltd («Mitsubishi Development»), a wholly - owned subsidiary of Mitsubishi Corporation (TSE: 8058; LSE: MBC), would acquire all of the shares in Coal & Allied they do not already hold under a joint takeoverProposal&Proposal»).
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