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Provident Aurum Launches Takeover Bid for Sihayo Gold
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Provident Aurum Launches Takeover Bid for Sihayo Gold

Sihayo Gold Limited (AU:SIH) has released an update.

Provident Aurum Pte. Ltd. has completed the distribution of its takeover offer documents to Sihayo Gold Limited’s shareholders, proposing an all-cash purchase of all outstanding shares at 0.225 cents each. The offer is currently the sole bid for Sihayo’s shares and is final unless a competing proposal emerges, which Provident Aurum deems unlikely. Information for shareholders regarding this offer has been made available on the ASX website and through direct communication to shareholders.

For further insights into AU:SIH stock, check out TipRanks’ Stock Analysis page.

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