Global shares tumble as chip-makers struggle for direction

Miner says pricing for its main product, ilumenite, fell in the first quarter of this year

Company MD doesn’t rule out possible renewed bid

Shares of Kenmare Resources fell more than 20 per cent after it walked away from takeover talks

Board says revised pricing ‘significantly undervalued’ business and prospects

Michael Carvill and Abu Dhabi private equity firm given second extension to signal intention to bid for the business

Listed miner says that prices for its ilmenite product have stabilised

Former managing director and private equity partners likely to seek extension of Takeover Panel deadline for further approach

Banking stocks out of sorts on Iseq

Michael Carvill involved in joint bid for mining company

UK equities close higher after Rachel Reeves pushes back spending plans

Miner blames a slump in prices as spike in global production more than outweighs record demand for titanium minerals

Funding managing director, Michael Carvill and Abu Dhabi-based private equity firm Oryx Global Partners Limited are weighing making a fresh takeover offer for the business

Bluechip advisory group has a string of Irish-listed clients

Company founder owns about 0.6% but could reap attractive equity-based incentive plan under deal with Oryx

Listed group rejects offer at 92% premium and has also attracted bid interest from mining giant Rio Tinto

Titanium minerals producer also received approach from mining company

Appointment comes after shares in the titanium miner slipped on Thursday amid civil unrest in Mozambique

Extension will not be finalised before existing 20-year deal expires this weekend but company says terms are agreed in principle

Market conditions at mining company ‘continue to be robust’ with order book largely committed for remainder of year