Picture of Kenmare Resources logo

KMR — Kenmare Resources News Story

0.000.00%
gb flag iconLast trade - 00:00
Basic MaterialsSpeculativeSmall CapNeutral

UK's Kenmare Resources rises on takeover bid from IRH

BUZZ-UK's Kenmare Resources rises on takeover bid from IRH

** Shares of titanium minerals miner Kenmare Resources KMR.L up 20.5% at 218.5p, highest since june, on track for best day since march 2025
** Co confirms it has received a non-binding proposal from International Resources Holdings RSC Ltd for a possible cash offer

** IRH must announce firm offer intention or walk by Nov 17
** Stock fell 24% so far this year, as of last close


(Reporting by Jahanvi Kothari in Bengaluru)

((jahanvi.kothari@thomsonreuters.com))

Recent news on Kenmare Resources

See all news