Nyrstar makes fresh proposal for CBH

TAKEOVER target CBH Resources has received a new incomplete, non-binding takeover proposal from the world’s largest zinc producer, Nyrstar, with independent directors allowing the Belgium-based company to complete due diligence.

Nyrstar makes fresh proposal for CBH Nyrstar makes fresh proposal for CBH Nyrstar makes fresh proposal for CBH Nyrstar makes fresh proposal for CBH Nyrstar makes fresh proposal for CBH

Nyrstar said its new proposal has fewer conditions, after CBH chose to recommend a proportional takeover from its major shareholder Toho Zinc due to the Nyrstar offer having too many restrictions.