US EditionKinterra Capital Launches $204 Million Takeover Bid for New World Resources
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Kinterra Capital Launches $204 Million Takeover Bid for New World Resources
Kinterra Capital Corp., a Toronto-based private equity firm has announced its intention to make an off-market takeover bid for all outstanding ordinary shares of New World Resources Limited (ASX: NWC). Kinterra Capital GP Corp. II, acting as general partner of the Kinterra Critical Materials & Infrastructure Opportunities Fund II, L.P., currently holds approximately 19.30% of NWC’s issued shares. The offer values NWC’s total share capital at app…
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