Australia's Regis drops out of race to acquire Vault Minerals
Australia's Regis drops out of race to acquire Vault Minerals July 13 (Reuters) - Australian gold producer Regis Resources RRL.AX on Monday said that it will not submit a counterproposal to match a A$5.6 billion ($3.88 billion) bid from Genesis Minerals GMD.AX to buy Vault Minerals VAU.AX.
($1 = 1.4420 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru; Editing by Sam Holmes)
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