PYBAR eyes Unity takeover

UNDERGROUND contractor PYBAR has announced plans to acquire Unity Mining, valuing the target at about $A33.2 million.

PYBAR eyes Unity takeover PYBAR eyes Unity takeover PYBAR eyes Unity takeover PYBAR eyes Unity takeover PYBAR eyes Unity takeover

Pybar is offering 2.9c per share in the deal, which includes a capital return of 1c per share.

The total represents a 45% premium to Unity’s last close and a 128% premium to the 12 month average.

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