Tag: herald resources

M&A

Indonesia's Bumi wins battle for Herald Resources

Bumi succeeds in securing a 51% stake in the Australian lead and zinc miner after competing bidder Antam withdraws.

By Sameera Anand | 18 July 2008

M&A

Bidding war for Australia's Herald at impasse

The board of Herald Resources tells shareholders to resolve the impasse between Bumi and the Antam-Zhongjin consortium, as both bidders offer $530 million for the Australian ...

By Sameera Anand | 30 June 2008

M&A

Bidding war wages for Herald Resources

The Antam-Zhongjin consortium trumps Bumi's bid with an offer of up to $500 million for the Australian mining company and secures the backing of Herald's board.

By Sameera Anand | 4 June 2008

M&A

Bumi ups the ante for Australia's Herald Resources

The Indonesian mining company offers $495 million for Herald, 2% more than the competing offer on the table, in a bid partly financed by debt from a consortium led by Credit ...

By Sameera Anand | 27 May 2008

M&A

Herald Resources attracts competing bid

An Indonesian-Chinese partnership offers $448 million for Australia's Herald Resources, trumping Bumi’s offer by 11%.

By Sameera Anand | 31 January 2008

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