CAPITAL MARKETS

CBH favours Toho over Nyrstar

ZINC and lead miner CBH Resources has assessed the takeover proposals from Belgium's Nyrstar and Japan's Toho Zinc, favouring a proportional takeover by Toho.

Kristie Batten
CBH favours Toho over Nyrstar

Base metals producer Nyrstar is proposing a full takeover, offering shareholders A19.5c per share, while Toho is offering 25c per share to take its stake up to 49.9%. An independent committee of CBH...

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