Kalahari Agrees to Multi-Million Takeover

Reuters Africa reported Kalahari Minerals (LSE:KAH) will be taken over by a China company for $991 million.

As quoted in the market news:

In a purchase that will boost China’s efforts to meet its growing energy needs, China Guangdong Nuclear Power Corp (CGNPC) will pay 243.55 pence for each Kalahari share.

Click here to read the full Reuters Africa report.