MBN 0.00% 8.3¢ mirabela nickel limited

mirabela takeover seen with minmetals chasing

  1. 13 Posts.
    Mirabela Takeover Seen With Minmetals Chasing Nickel: Real M&A - BusinessWeek, Nov 6 2011 1:45PM

    http://www.businessweek.com/news/2011-11-06/mirabela-takeover-seen-with-minmetals-chasing-nickel-real-m-a.html

    extract:
    Mirabela, which controls the Santa Rita nickel mine in Brazil, and Alumina, which is an owner of the world’s biggest producer of the raw material, may attract interest from Minmetals, Perpetual Ltd. said. With the company’s earnings set to peak this year and the Anvil deal facing increased scrutiny from the Democratic Republic of Congo, Minmetals needs acquisitions to extend the life of its mines and boost valuations, according to Credit Suisse Group AG.

 
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