FINWIRES · TerminalLIVE
FINWIRES

Atlas Arteria Continues to Recommend that Shareholders Reject Off-Market Takeover Bid

By

Atlas Arteria (ASX:ALX) continued to recommend that shareholders reject the off-market takeover bid by Diamond Infraco, an IFM Global Infrastructure Fund subsidiary, for 100% of the stapled securities that it does not already own in the company, according to a Friday filing with the Australian bourse.

The independent directors unanimously recommend that shareholders reject the takeover offer at AU$4.75 per security and at AU$5.10 per security, the filing said.

The bidder extended the offer period by one week to June 18, but did not otherwise change the offer, per the filing.

Related Articles

Asia

Almonty Industries to Raise CA$700 Million in Convertible Notes Offering

Almonty Industries (ASX:AII) said it plans to raise CA$700 million through a private offering of convertible senior notes due 2031, with initial purchasers granted an option to buy an additional CA$100 million of the securities, according to a Friday filing with the Australian bourse.The unsecured notes pay semi-annual interest, mature on July 1, 2031, and are convertible into common shares under certain conditions, per the filing.The company may redeem the notes after July 1, 2029, if its share price remains above 130% of the conversion price for a specified period, the filing said.The net proceeds will be used for capped call transactions to mitigate dilution risk, refinancing existing debt, and general corporate purposes, including working capital needs and potential acquisitions, the filing added.

$ASX:AII
Asia

Centuria Industrial REIT Declares Quarterly Dividend

Centuria Industrial REIT (ASX:CIP) declared a dividend of AU$0.042 per share for the quarter ending June 30, according to a Friday filing with the Australian bourse.The dividend will be paid on Aug. 14 to shareholders on record as of June 30, per the filing.The company paid a dividend of AU$0.04075 per share in the prior corresponding period, an earlier filing showed.

$ASX:CIP
Asia

Resolute Mining Says Mali Mine to Meet Lower End of 2026 Production Guidance Despite Disruptions

Resolute Mining (ASX:RSG) said full-year 2026 production at its Syama Gold Mine in Mali is now expected to be around the lower end of its guidance range of 195,000 to 210,000 ounces due to logistical and supply chain disruptions caused by road insecurity in parts of Mali, according to a Friday Australian bourse filing.The company said second-quarter gold production at Syama is expected to be about 30,000 ounces, compared with its original forecast of 40,000 to 45,000 ounces.The planned three-week shutdown of the sulfide plant and roaster, originally scheduled for May, has been deferred to mid-June due to current in-country conditions, with the extended maintenance shutdown expected to increase the availability of the sulphide processing plant, the company said.Processing optimization initiatives are underway to improve overall plant throughput throughout the remainder of the year, the company added.

$ASX:RSG