Business
Mining titans push shares to nine-month high; ASIC to probe ASX outage – The Sydney Morning Herald
Gains for BHP, Fortescue Metals, Newcrest, and Rio Tinto helped Australian shares higher on Monday, even as virus numbers softened Wall Street’s lead.
This means BGH could finally get the deal through, despite opposition from 14.4 per cent shareholder, US-based Mittleman Bros.
Village Roadshows independent expert valued the company at between $2.03 and $2.80 per share. Shares last traded at $2.45. The scheme meeting has now been pushed out to Monday, 7 December. Shareholders who have already voted have until 11am, 5 December to change their votes.
Village Roadshow also revealed on 31 October it had gross debts of $370 million and $59 million…
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