China’s Zijin Wins Over Canadian Miner With a Rare Cash Offer
(Bloomberg) — Cash is king and will be hard to top by a rival bidder, according to the head of Continental Gold Inc. which agreed to a C$1.37 billion ($1 billion) takeover offer from China’s largest listed producer of mined gold. Continental’s shares rose as much as 11% in Toronto on Monday after the offer from Fujian-based Zijin Mining …
News story posted on 2019-12-02T20:40:00.0000000Z
