Perseus Mining Terminates Predictive Acquisition Proposal After Robex Match
Reuters
Yesterday
<a href="https://laohu8.com/S/PRU.AU">Perseus Mining</a> Terminates Predictive Acquisition Proposal After Robex Match
Perseus Mining Limited provided an update regarding its offer to acquire Predictive Discovery Limited. According to the company, Predictive has received a revised merger proposal from Robex Resources Inc., which the Predictive Board determined matches the terms of Perseus's previous binding offer. As a result, Perseus's proposal is no longer considered superior and has been terminated. Under the revised Robex merger, Predictive shareholders' ownership in the combined entity will rise from 51.0% to 53.5%. Perseus, Predictive's largest shareholder, noted the increase but maintained that the revised merger remains inferior to its own proposal. Perseus stated it does not intend to submit a revised offer unless circumstances change.
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