ASX 200 LIVE: ASX to slip, Wall St edges lower afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
The European giant said late on Wednesday that it had succeeded in securing due diligence from the ASX-listed company’s board with the $9 a share offer.
The Australian stock market is significantly higher on Wednesday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving to a tad below the 7,300 level, following the broadly positive cues from global markets overnight, boosted by gains across most sectors, led by in mining and financial stocks.
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as softer-than-expected consumer sentiment and job openings data, helped ease concerns about interest rates, lifting investor sentiment.