#Latest news with #KenmareResourcesPlcBloomberg06-03-2025BusinessBloombergMiner Kenmare Rebuffs Takeover Attempt by Former ExecutiveKenmare Resources Plc shares surged by more than 50% after the titanium minerals producer rebuffed a takeover offer made by a former executive at a hefty premium. The Dublin-based miner's board unanimously rejected a non-binding proposal from a consortium comprised of Oryx Global Partners and former managing director Michael Carvill at 530 pence per share, saying it 'undervalued Kenmare's business and its prospects,' according to a Thursday statement.
Bloomberg06-03-2025BusinessBloombergMiner Kenmare Rebuffs Takeover Attempt by Former ExecutiveKenmare Resources Plc shares surged by more than 50% after the titanium minerals producer rebuffed a takeover offer made by a former executive at a hefty premium. The Dublin-based miner's board unanimously rejected a non-binding proposal from a consortium comprised of Oryx Global Partners and former managing director Michael Carvill at 530 pence per share, saying it 'undervalued Kenmare's business and its prospects,' according to a Thursday statement.