RCF wins SOG battle

Published: Thursday, 26 July 2007

29 June 2007
Bracewell Group fails in last minute bid to net  tantalum and lithium producer, Sons of Gwalia, as RCF bid prevails

Resource Capital Fund (RCF) has landed the Australian tantalum and lithium concentrate producer, Sons of Gwalia Ltd (SOG) after creditors accepted its $200m. offer, equating to 12 cents per dollar.

Bracewell & Giuliani LLP (Bracewell Group) had tabled a last minute offer which threatened to derail what seemed a done...

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