Sundance-Hanlong deal facing increased uncertainty
Sundance Resources has raised the possibility of terminating its long-running $1.3 billion takeover agreement with China’s Hanlong Mining, while also confirming it is in discussions with other parties.
Trading in Sundance shares was voluntarily suspended today, after Hanlong disclosed it was unlikely to meet the 26 March deadline for delivering credit approved term sheets.
I'd like to register please
8 free articles per month + business email alerts twice daily
us on +61 8 9288 2100 during WST office hours