Panoramic Resources has moved a step closer to completing its $40 million takeover of Magma Metals, with the target recommending its shareholders accept the bid.Panoramic upped its offer today to 1 Panoramic share for every 7 Magma shares, after taking its stake to 54.15 per cent.
Magma directors back Panoramic bid
By Staff reporter
16/05/2012 - 15:15
