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Nevsun Resources Ltd (NSU.TO)

NSU.TO on Toronto Stock Exchange

4.84CAD
15 Aug 2018
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Thu, Aug 9 2018

UPDATE 1-Nevsun asks shareholders to reject Lundin's hostile bid

Aug 9 Canadian miner Nevsun Resources Ltd on Thursday urged its shareholders to reject a hostile C$1.4 billion ($1.07 billion) offer from rival Lundin Mining Corp, and said the board was evaluating other potential alternatives.

Nevsun asks shareholders to reject Lundin's hostile bid

Aug 9 Canadian miner Nevsun Resources Ltd on Thursday asked its shareholders to turn down a hostile C$1.4 billion ($1.07 billion) offer made by rival Lundin Mining Corp.

Canada's Lundin Mining launches hostile C$1.4 billion bid for Nevsun

TORONTO Lundin Mining Corp launched a hostile C$1.4 billion ($1.1 billion) takeover bid for fellow Canadian miner Nevsun Resources Ltd on Thursday, saying it had failed to convince Nevsun's board to strike a friendly deal over the past nine months.

UPDATE 2-Canada's Lundin Mining launches hostile C$1.4 bln bid for Nevsun

TORONTO, July 26 Lundin Mining Corp launched a hostile C$1.4 billion ($1.1 billion) takeover bid for fellow Canadian miner Nevsun Resources Ltd on Thursday, saying it had failed to convince Nevsun's board to strike a friendly deal over the past nine months.

Lundin Mining begins all-cash offer to buy Nevsun

July 26 Canada's Lundin Mining Corp said on Thursday that it formally commenced an offer to acquire Nevsun Resources Ltd for C$4.75 per share in cash, valuing the base metals miner at around C$1.44 billion ($1.10 billion).

UPDATE 1-Lundin Mining CEO Paul Conibear to retire

July 25 Canada's Lundin Mining Corp said on Wednesday that Chief Executive Officer Paul Conibear has announced retirement plans just as the base metal miner is set to make a formal offer for Nevsun Resources Ltd.

Deals of the day-Mergers and acquisitions

July 17 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

CANADA STOCKS-TSX dips as oil hits energy stocks; Nevsun Resources lifts materials

Canada's main stock index edged lower on Tuesday as oil prices hovered near their lowest in three months and weighed on energy companies.

Canadian miner Lundin plans to buy Nevsun Resources for C$1.4 billion

Canada's Lundin Mining Corp said on Monday it plans to make an offer to buy base metals company Nevsun Resources Ltd for about C$1.4 billion ($1.07 billion), its second proposal in three months.

UPDATE 2-Canadian miner Lundin plans to buy Nevsun Resources for C$1.4 bln

July 16 Canada's Lundin Mining Corp said on Monday it plans to make an offer to buy base metals company Nevsun Resources Ltd for about C$1.4 billion ($1.07 billion), its second proposal in three months.

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