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Kenmare Resources has walked away from takeover talks with its former managing director Michael Carvill and an Abu Dhabi private equity firm after the consortium made it clear it would only be ...
Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine (the "Mine" or "Moma") in northern ...
Titanium minerals and zircon producer Kenmare Resources, which operates the Moma mine, in Mozambique, has terminated discussions with a consortium, comprising Oryx Global Partners and Michael ...
Kenmare Resources plc (LSE:KMR) shares fell 22% on Thursday morning after the company said it had ended takeover talks with a consortium that included private equity firm Oryx Global Partners and its ...
Kenmare said that during its most recent engagement, it was made clear by the consortium that it would only be willing to proceed with an offer at pricing substantially below the initial proposal.
Kenmare shares were down 16% to 330.50 pence each on Thursday morning in London. Its shares are 24% below the 436p price at which it traded at on March 18, a few days after it confirmed the ...
19th Jun 2025 10:08 (Alliance News) - A consortium consisting of Oryx Global Partners Ltd and former managing director & company founder Michael Carvill on Thursday confirmed it does not intend to ...
Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine (the "Mine" or "Moma") in northern ...
Kenmare shares fell 17% to 326.00 pence each on Thursday morning in London. Its shares are 25% lower than the 436p price at which it traded at on March 18, a few days after it confirmed the ...
19th Jun 2025 09:39 (Alliance News) - Kenmare Resources PLC on Thursday said a consortium that made a takeover approach was only willing to proceed with an offer at pricing substantially below an ...
Kenmare remains on track to achieve its 2025 production guidance and has a strong order book for H2 2025." At 0910 BST, the shares were down 17.5% at 325p.
Kenmare said it unanimously rejected the revised pricing “on the basis that it significantly undervalued Kenmare’s business and its prospects”.