We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Bidding against itself

2 February 2005 By Edward Hadas

The UKlisted miner has raised its offer for WMC by 13% to A$8.4bn. The market had rejected the first bid, despite lacking any alternative. WMC shareholders are still hoping for more. But the shadowboxing is probably over. From this level, a counterbid is unlikely.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)