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Australia: Norwest directors unanimously recommend MinRes' revised offer

Norwest Energy has reached agreement with Mineral Resources (MinRes) on the terms on which the directors of Norwest will recommend Norwest shareholders accept MinResโ€™ off-market takeover bid (Offer) for all of the fully paid ordinary shares (Norwest Shares) that MinRes does not already own.
Norwest Energyhas Minresmanaging Directorchris Ellisonsaid Norwest Energy Mineral Resources Norwest Shares Revised Offer

JSPL to launch bidding process for JPL divestment

JSPL to launch bidding process for JPL divestment โ€‹ By IANS | โ€‹ 0 Views Steel Industry.. Image Source: IANS News New Delhi, July 25 : Jindal Steel and Power Limited (JSPL) has decided to launch an additional transparent competitive bidding process for the proposed stake sale of its subsidiary Jindal Power Limited (JPL). After various rounds of discussions and negotiations, JSPL and its transaction advisors have successfully negotiated a revised and improved binding offer from Worldone acc...
New Delhi Jindal Power Limited Power Limited Jindal Steel Equity Shares Redeemable Preference Shares

Government offers 1.5% salary hike for public servants, plus cash gratuity

Commenting on the revised offer, Maleka said the government needed to go back to the drawing board. โ€œThis offer is a far cry from the demands tabled by the PSA. Employees are struggling to make ends meet the rising costs of basic needs and the effects of the pandemic. Frontline workers are still expected to continue to perform their duties under hazardous conditions despite not having received a salary increase for last year. The PSA is calling on the employer to seriously consider the offer ...
Reuben Maleka Senzo Mchunu Public Service Association Salary Hike Public Sector Co Ordinating Bargaining Council Public Servants Association

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