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Business Week reported that KGHM Polska Miedz SA, (WAR:KGHM) plans to buy Quadra FNX Mining Ltd. (TSX:QUX) for about C$2.87 billion ($2.84 billion).
Business Week reported that KGHM Polska Miedz SA, (WAR:KGHM) plans to buy Quadra FNX Mining Ltd. (TSX:QUX) for about C$2.87 billion ($2.84 billion).
As quoted in the market news:
KGHM will pay C$15 a share, a 41 percent premium to Quadra’s 20-day volume-weighted average price, the Vancouver- based company said today in a statement.
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