New Hope shares surge on takeover process news
Shares in coal company New Hope (ASX:NHC) surged over 15% on Wednesday, after the company announced a formal process to field takeover bids
Shares in coal company New Hope (ASX:NHC) surged over 15% on Wednesday, after the company announced a formal process to field takeover bids
Investment company Washington H Soul Pattinson (ASX:SOL) reported a $363.9m profit for its FY11, as gains from asset sales counterbalanced shrinking regular earnings
Coal explorer Northern Energy (ASX:NEC) has advised its shareholders not to act on a revised $1.85 per share takeover bid from New Hope (ASX:NHC), arguing it still undervalues its assets
Bendigo Mining (ASX:BDG) has called off its merger with BCD Resources (ASX:BCD), and Northern Energy (ASX:NEC) has rejected a $193m takeover offer from New Hope (ASX:NHC)