Wednesday, July 11, 2007

CAMEC to make $1.9 bln bid for Katanga

(Reuters) - Central African Mining & Exploration Company (CAMEC) on Wednesday raised its all-share bid for Canada's Katanga Mining Ltd., valuing the target at 943 million pounds.

The new offer is 17 new ordinary CAMEC shares for each Katanga share compared with a bid of 15 for one made on Monday.


Read more at Reuters Africa

No comments: