Lundin and Inmet part ways
Lundin Mining (LUN-T, LUMI-O) and Inmet Mining (IMN-T) have broken off their proposed engagement on the grounds that they “could not reach a position that we thought would be supported by both companies’ shareholders.”
Lundin Mining (LUN-T, LUMI-O) and Inmet Mining (IMN-T) have broken off their proposed engagement on the grounds that they “could not reach a position that we thought would be supported by both companies’ shareholders.”
The TSX composite index rose 200.65 points in the Feb. 28 to March 4 period to recover from its late February dip and end at 14,252.77 points. The capped metals and mining index managed to gain 25.71 points to end at 1,463.86, its first period…
A hostile bid by Equinox Minerals (EQN-T, EQN-A) for Lundin Mining (LUN-T) worth about $4.8 billion in cash and shares could derail a friendly merger proposed between Lundin and Inmet Mining (IMN-T, IEMMF-O) that is scheduled for a shareholder…
A hostile bid by Equinox Minerals (EQN-T, EQN-A) for Lundin Mining worth about $4.8 billion in cash and shares could derail a friendly merger proposed between Lundin and Inmet Mining (IMN-T, IEMF-O) that is scheduled for a shareholder vote on…
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The TSX composite index was up 60.52 points, or 0.5%, to finish the Dec. 6-10 report period at 13,239.47, marking the second consecutive weekly gain as both Canada and the U.S. posted better than expected trade data. Statistics Canada reported…
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