The original article can be found here.
Article highlights:
- Hulamin’s share price lost almost a third of its value in the immediate aftermath of announcing that a takeover offer has been withdrawn.
- The company said it received the offer from a company in April last year. Its board said it believed that the potential transaction was beneficial to Hulamin, which produces a range of aluminium products.
- However, the suitor was unable to agree satisfactory terms with all stakeholders, says Hulamin.
