Australia's Paladin is in talks to take over NGM

Related Topics

SYDNEY, July 20 | Mon Jul 19, 2010 8:35pm EDT

SYDNEY, July 20 (Reuters) - Australia-based Paladin Energy Ltd (PDN.AX) (PDN.TO) said it was in talks to take over NGM Resources NGM.AX and was undertaking due diligence.

NGM, which is currently on a trading halt, has a market capitalisation of A$16.8 million. (Reporting by Balazs Koranyi)

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.