News and Announcements
Kenmare Resources rejects takeover proposal from founder, shares surge
By Michele Maatouk
Date: Thursday 06 Mar 2025
(Sharecast News) - Kenmare Resources surged on Thursday as it confirmed it had rejected a 530p a share takeover proposal from a consortium led by Oryx Global Partners and former managing director and founder Michael Carvill.
The offer represents a premium of 93% to the previous closing share price of 275p.
or login to read the full story
Email this article to a friend
or share it with one of these popular networks:
Article Archive
You are here: news
