CAPITAL MARKETS

Minmetals secures over 90% stake in Anvil

CHINA'S Minmetals Resources will now move to compulsorily acquire shares in Anvil Mining after closing its $A1.3 billion offer with over a 90% stake in the company.

MiningNews.Net
Minmetals secures over 90% stake in Anvil

The bid expired at 8pm Toronto time on February 16. Minmetals was offering $C8 for every Anvil share. Once compulsory acquisition is completed, Anvil will be delisted from the Toronto Stock Exchange...

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