Nyrstar Says Offer Values CBH Shares, Notes At A$220 Million
2010年1月11日 - 1:59PM
Dow Jones News
Belgian metals group Nyrstar S.A.(NYR.BT) said Monday the
takeover proposal it has made to CBH Resources Ltd. (CBH.AU) values
the target's shares and convertible notes at A$220 million.
Nyrstar confirmed it approached the Australian zinc miner in
December with a "confidential, conditional and non-binding"
takeover by scheme of arrangement, pitched at 13.5 Australian cents
per share.
"The approach by Nyrstar to CBH is consistent with Nyrstar's
strategy to selectively pursue opportunities in mining," the
company said in a statement.
Nyrstar said the offer had been conditional on the maintenance
of confidentiality and that this clause may have been broken as a
result of recent speculation in the Australian media.
The metals smelter said it has not yet received a response from
CBH so has not been involved in substantive discussions on the
proposed deal at this stage.
-By Alex Wilson, Dow Jones Newswires; 61-3-9292-2094;
alex.wilson@dowjones.com
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