Care A2 Plus faces the prospect of being wound up due to a long-running dispute with a lender who alleged the infant formula manufacturer defaulted on a $2.2 million loan.
The infrastructure investor paid $5.62 a share in a pre-market block trade on Tuesday morning.
Lithium and nickel miners who lobbied for tax breaks are set to be among the big budget winners as the Albanese government tries to shore up its ‘made in Australia’ plans.
Engie has shortlisted a blue-chip lender lineup, including ANZ Group, BNP Paribas and Deutsche Bank, to stump up Goorambat’s debt financing.
BHP chief executive Mike Henry said he was disappointed that directors of the London-listed miner had not been willing to enter into further discussions.