Todd says offer price for Flinders will not increase

June 8, 2016

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New Zealand’s Todd Corporation said on Thursday that it had no intention to increase the offer price of 2.5 c a share for Flinders Mines.
The company denied speculation that, shortly after the close of its takeover bid for Flinders, it intended to undertake a further process to acquire any remaining shares at a higher offer price.

Category: General