Brief: Flinders Mines Received Non-Binding Indicative Offer From BBI Group
14/12/2020 24:54
Dec 14 (Reuters) - Flinders Mines Ltd FMS.AX :
* RECEIVED A NON-BINDING INDICATIVE OFFER FROM BBI GROUP PTY
LTD
* OFFER OVER POTENTIAL OWNERSHIP RESTRUCTURING OPPORTUNITY
OF
INFRASTRUCTURE ASSOCIATED WITH CO'S FLAGSHIP PILBARA IRON ORE
PROJECT
* BBIG APPROACHED CO TO START TALKS OVER CO RETAINING 100%
STAKE
OF PIOP, 100% OF BBIG'S PORT AND RAIL INFRASTRUCTURE ASSETS
* BBIG PROPOSED DEVELOPMENT OF BBIG INFRASTRUCTURE AND PIOP
MINE
AS INTEGRATED PROJECT WITHIN 1 CORPORATE GROUP
Source text for Eikon: ID:nASX2mswfr
Further company coverage: FMS.AX
((Reuters.Briefs@thomsonreuters.com;))
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