CBH: Toho Zinc’s Offer Is ‘Fair’

Base Metals Investing

Japanese manufacturer of zinc related products, Toho Zinc Co., Ltd. (TYO:5707)’s takeover of ASX-listed CBH Resources is “fair and reasonable” according to CBH Resources.
The offer to CBH shareholders is a total cash consideration of A$0,24 a share by Toho Zinc. They also offered a A$1 000 offer for every note held. The offer is set […]

Japanese manufacturer of zinc related products, Toho Zinc Co., Ltd. (TYO:5707)’s takeover of ASX-listed CBH Resources is “fair and reasonable” according to CBH Resources.

The offer to CBH shareholders is a total cash consideration of A$0,24 a share by Toho Zinc. They also offered a A$1 000 offer for every note held. The offer is set to close on July 7.

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