Regent Pacific Proposed A Takeover Bid For BC Iron- Regent Pacific is a Hong Kong based mineral resources investment company -

摘要

Australian iron ore development and mining company BC Iron Limited (BCI) announced on Jan 21 that BCI will accept the offer from Regent Pacific to acquire all the outstanding BCI's shares not already owned by Regent Pacific. The offer price is 3.30 Australia dollars cash per BCI share and values the fully diluted equity in BCI at approximately 345 million Australia dollars. The transaction is expected to be completed in May 2011 subject to various customary conditions.