First Quantum Minerals (FQVLF.PK) says 85.5% of Inmet Mining’s (IEMMF.PK) shares have been...


First Quantum Minerals (FQVLF.PK) says 85.5% of Inmet Mining’s (IEMMF.PK) shares have been tendered to its hostile takeover bid, putting it on the verge of completing the deal to create a "new global leader in copper." First Quantum says its first priority is to integrate the operations, then begin a detailed review of Inmet’s $6.2B Cobre Panama project to find significant cost savings.

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Comments (1)
  • wigit5
    , contributor
    Comments (4365) | Send Message
     
    I love me a good hostile takeover in the morning.
    22 Mar 2013, 10:36 AM Reply Like
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