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29 Mar
15:50

COPPER: Kaz Minerals’ shareholders told to accept cash offer

Kaz Minerals shareholders are being “urged” to accept a takeover cash offer by a consortium led by Kaz’s chairman Oleg Novachuk and non-executive president Vladimir Kim, Kallanish reports. The company said last Friday the Nova Resources consortium has upped its final bid to 850 pence ($1.17) per share, from an original offer of 640 pence in October 2020. The latest deal also includes a special dividend of $0.27/share to be paid by Kaz to its shar…
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