New Union Jack board rejects Reabold offer
New directors of Union Jack Oil have unanimously rejected the takeover offer by Reabold Resources.
New directors of Union Jack Oil have unanimously rejected the takeover offer by Reabold Resources.
New directors of Union Jack Oil will give their views next week on the proposed takeover by Reabold Resources, according to a statement to investors.
Shareholders opposed to the takeover of Union Jack Oil are seeking a general meeting to remove three directors from the board.
Reabold Resources has offered to buy Union Jack Oil, both companies confirmed this morning.
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