Key Metrics
11.98
Heat Index-
Impact LevelMedium
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Scope LevelNational
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Last Update2025-11-30
Key Impacts
Negative Impacts (5)
Event Overview
A mining company's informal acquisition attempts face rejection. The situation highlights the challenges and negotiations in cross-border corporate acquisitions, especially in the mining sector.
Collect Records
Jiangxi Copper's Non-binding Cash Offers for SolGold Plc Rejected
Jiangxi Copper submitted two non-binding cash offers to SolGold Plc, a company listed on the London Stock Exchange. The latest offer proposed to acquire all shares at a price of 26 pence per share. Both offers have been rejected by the SolGold Plc board. The acquisition remains in the informal offer stage. Jiangxi Copper must decide whether to make a formal offer or withdraw from the acquisition by 5:00 PM (London time) on December 26, 2025.