herald resources

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 mining company.
June 29, 2008

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.
June 03, 2008