Key Points:
• Western Desert Resources (WDR) has received a
conditional Offer from Meijin Energy Group to acquire all
the listed shares in WDR.
• Offer is $1.08 cash per share (up to $435M on a fully
diluted basis).
• Offer represents 50% premium to 30 day VWAP.
• Subject to independent review, and in the absence of a
superior bid, the WDR board recommends acceptance of
the Offer.
Key Points:• Western Desert Resources (WDR) has received...
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