trending Market Intelligence /marketintelligence/en/news-insights/trending/xQvRNP1z6oqdhXvZVmBwSA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Metals X formally increases takeover offer for Aditya Birla

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

Metals X formally increases takeover offer for Aditya Birla

Metals XLtd. has formally increased the off-market takeover offer forAditya Birla MineralsLtd., which owns the Nifty copper mine in Western Australia.

Major shareholder Hindalco Industries Ltd. has received the necessaryapprovals from the Reserve Bank of India to accept the sale of its 51%interest, Aditya Birla said July 18.

In April, Metals X agreed to its bid to 1 Metals X share forevery 4.5 Aditya Birla shares plus 8 Australian cents per share in cash, whichvalues Aditya Birla shares at 32.9 cents each.

Aditya Birla's board has advised shareholders to accept theoffer, which is scheduled to close July 29.