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MARKETS

FAR pushes back shareholder meeting to vet takeover offer

FAR Limited has once-again cautioned shareholders that its A$210 million takeover offer from Remus Horizons is far from certain at this stage but noted the private investment firm was finalising funding arrangements in order to make the proposed offer.

Mark Tilly
FAR CEO Cath Norman.

FAR CEO Cath Norman.

Last month FAR told the market it had received an all-cash takeover offer from Remus of 2.1 cents per share, well above the company's current share price of 1.1 cents.  The offer is almost double FAR's...

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