First Reserve-backed Australian miner to go private
Australian engineering firm Calibre, which is backed by US-based First Reserve, plans to delist from the Australian Securities Exchange and buy back the stakes of minority shareholders.
The company announced in a regulatory filing that it will cap its buyback offer at A$7.2 million ($5.4 million), representing a share price of A$0.12 for up to 59.8 million shares, or about a 16.9% stake...
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