M&A

Nova to squeeze out Kaz minorities

Nova Resources, the consortium poised to take Kaz Minerals private, has secured enough shareholder acceptances for the deal to squeeze out dissenting minorities.

Nova Resources has secured enough shareholder acceptances for the Kaz Minerals' takeover offer to squeeze out dissenting minorities

Nova Resources has secured enough shareholder acceptances for the Kaz Minerals' takeover offer to squeeze out dissenting minorities

Nova Resources said it had secured 93% shareholder approval - above the threshold of 90% it needed to compulsorily purchase all remaining shares - for its 869p per share offer as of Friday.    Earlier...

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