Posted AT 7:08 PM EST on 01/12/08
Fresnillo to bid for rest of MAG Silver
TORONTO — — Gold and silver producer Fresnillo PLC said Monday that it will make a bid for the remaining stake of MAG Silver Corp. that it does not already own in a deal that values the company at about $223-million (U.S.).
The company, which already controls a 19.8 per cent stake in MAG Silver, said after the close of markets that its Fresbal Investments Ltd. subsidiary will pay $4.
The full text of this article has 276 words.
To continue reading this article, you will need to purchase this article.
This article is NOT available for licensing for re-use and redistribution.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
