Risky business scares off suitor

AUSTAR Gold has withdrawn its takeover bid for Centennial Mining and Maldon Resources and abandoned the Deed of Company Arrangement it signed in September, telling the Australian Securities Exchange the deal was too risky.

Risky business scares off suitor Risky business scares off suitor Risky business scares off suitor Risky business scares off suitor Risky business scares off suitor

Austar's takeover bid for Centennial and Maldon withdrawn

Austar signed a DOCA with the administrators in charge of Centennial and Maldon to acquire the failed companies for $2.

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