China's Zhaojin Mining raises buyout offer for Australia's Tietto Minerals
14/04/2024 23:54
April 15 (Reuters) - Chinese gold miner Zhaojin Mining
Industry 1818.HK on Monday said it is increasing its offer for
Australia's Tietto Minerals TIE.AX , now valuing it at A$768.3
million ($497.46 million).
Zhaojin in October 2023 had bid for the Australian gold
explorer for about A$629 million.
($1 = 1.5446 Australian dollars)
(Reporting by Shivangi Lahiri in Bengaluru; Editing by Leslie
Adler)
((Shivangi.Lahiri@thomsonreuters.com;))
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