Deterra Royalties Ltd (AU:DRR) has released an update.
Deterra Royalties Limited has announced a definitive agreement to acquire Trident Royalties Plc for 49 pence per share in an all-cash transaction. The acquisition will be executed via a UK scheme of arrangement and is detailed in a Scheme Document distributed to Trident shareholders. The document outlines the full terms, conditions, and actions required of Trident shareholders, with the transaction advised as fair and reasonable by financial firm BMO.
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