Mining News

Raubex makes buyout offer for remaining Bauba shares, Bauba to delist from JSE

Diversified mining and exploration company Bauba and JSE-listed Raubex have resolved to propose a transaction in terms of which Raubex will make a general offer to acquire all of the ordinary shares in the issued share capital of Bauba it does not already own for a cash consideration of 42c apiece. Raubex beneficially owns or controls 61.68% of Bauba’s issued share capital.

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