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General mining & base metals

Gujarat NRE takeover acceptance period to end 28 March

Shareholder acceptance period of Gujarat NRE Coking Coal's (ASX:GNM) takeover by Jindal Steel & Power will close on 28 March 2013, a day before the original close date.

The acceptance close, which was earlier slated for 29 March, has been moved forward due to Easter Friday.

Jindal had made an unconditional on market bid for Gujarat NRE, making an offer of $0.20 per share.

It already owns 19.48% relevant interest in Gujarat.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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