NCZ new century resources limited

Feb 21 (Reuters) - Australian zinc miner New Century Resources...

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    Feb 21 (Reuters) - Australian zinc miner New Century Resources (NCZ) received an unsolicited off-market takeover bid from its largest shareholder, South African gold miner Sibanye-Stillwater SSWJ.J , the companies said on Tuesday.

    The A$1.10 per-share offer valued New Century at A$144.1 million ($99.54 million). Shares of the Australian company climbed 42.2% after receiving the offer. ($1 = 1.4478 Australian dollars)

 
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