Takeover Announced
Fenix Resources acquisition of CZR Resources
A$61.4m equity value
Announced 25 Feb 2025 · ASX: CZR · A$0.30 in scrip per share · 27% premium
Advisers
- Target
- CZR Resources
- Acquirer
- Fenix Resources
- Seller
- Mark Creasy (Creasy Group)
- Structure
- Off-market takeover
- Sector
- Iron ore and steel
In the league tables
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Sources
- 25 Feb 2025 Fenix to Acquire CZR ASX
- 25 Feb 2025 Fenix Bidder's Statement ASX
- 25 Feb 2025 Target's Statement ASX
- 19 Mar 2025 CZR Recommends Shareholders Accept Fenix Takeover Offer ASX