SBM 2.38% $2.15 st barbara limited

takeover for taipan

  1. 60 Posts.
    I am looking for some help

    With St Barbara Mines announcing a three way merger does the new entity have to bid / make a takeover bid for Taipan ?? The reason would be that in effect St Barbara is selling its shareholding to the new company which has different shareholders to SBM.

    Can somebody throw some light on this problem
 
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