M&A

Silvercorp's surprise sweetener in Tanzanian gold mine bid

Silvercorp unexpectedly boosts its cash offer for African gold developer OreCorp

Haydn Black
Geologist logging core. Source: OreCorp.

Geologist logging core. Source: OreCorp.

Silvercorp, which announced a circa A$240 million (US$163 million) bid in cash and scrip in August, has decided to boost the cash consideration by 27% from A15c per share to A19c. The scrip consideration...

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