Tag: Mining
Larvotto Resources Rejects $373 Million U.S. Takeover Offer, Calling It Undervalued
Key Highlights Introduction: Larvotto Pushes Back Against U.S. Takeover Bid Australian diversified miner Larvotto Resourcesannounced it has rejected a takeover proposal from U.S.-based United States Antimony Corporation (USAC), asserting that the indicative offer “materially undervalues” the company. The proposal, received last week, valued Larvotto at A$722.9 million ($469.7 million) based on USAC’s five-day volume-weighted average