Chempro's Henry hits takeover target for ASX-listed Hydromet

By Paul McBeth
June 19 (BusinessDesk) - Chempro Logistics director Simon Henry has hit the 90 percent level of acceptances from ASX-listed Hydromet, meaning he can force the remaining shareholders to sell out to him.
Henry's A$24 million takeover bid passed the mark last week according to a substantial holder notice filed with the ASX yesterday, paving the way for him to de-list the industrial waste recycler and reorganise its assets with other companies he owns.
That could see the Hydromet assets merged with Henry's Chempro Logisitcs, whi...
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