M&A

Brokers give thumbs up to Wolfden bid

A PROFIT after tax of $751 million has resulted in brokerages casting Zinifex in a favourable spotlight, with the latest news of the zinc major's bid for Canadian play Wolfden Resources gaining a seal of approval as the company makes a strategic move to retain its producer status.

MiningNews.Net
Brokers give thumbs up to Wolfden bid

Following the lead and zinc producer's six-month report for the first half of the 2007 financial year, Citigroup and Goldman Sachs JBWere reported the after-tax profit figure was well ahead of expectations,...

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