Chinese company Zijin Mining Group successful in takeover of Nevsun Resources - News Summed Up

Chinese company Zijin Mining Group successful in takeover of Nevsun Resources


VANCOUVER—Nevsun Resources Ltd. says Chinese company Zijin Mining Group Co. Ltd. has been successful in its $1.86-billion friendly takeover offer for the company. The companies say about 89.37 per cent of the total issued and outstanding Nevsun shares on a fully diluted basis were tendered to the offer of $6 per share in cash by the Dec. 28 deadline.


Source: thestar December 31, 2018 12:56 UTC



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