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EXT Excite Technology Services Ltd

0.007
-0.001 (-12.50%)
17 Jun 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Excite Technology Services Ltd ASX:EXT Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.001 -12.50% 0.007 0.007 0.008 0.008 0.007 0.008 548,257 07:10:49

Rio Tinto Accepts Chinese Bid For Kalahari Minerals Shares

01/02/2012 3:05am

Dow Jones News


Excite Technology Services (ASX:EXT)
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Rio Tinto PLC (RIO) said it has accepted the offer from China Guangdong Nuclear Power Corp. for its 11.1% stake in London-listed Kalahari Minerals PLC (KAH.LN).

A decision on Rio's roughly 14.2% stake in Australia's Extract Resources Ltd. (EXT.AU), which is developing a uranium project in Namibia, would be made "in due course," Rio's Rossing unit said in a statement Tuesday.

China Guangdong, together with China-Africa Development Fund, has offered 243.55 pence in cash for each Kalahari share, valuing it about GBP632 million.

-By Robb M. Stewart, Dow Jones Newswires; +61 3 9292 2094; robb.stewart@dowjones.com

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