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Nova Resources to take Kaz Minerals private in £3B deal

Kaz Minerals, one of the world’s largest copper producers, is set to go private after Nova Resources launched a £3 billion (US$3.83B) takeover offer for the London-listed company.

Nova Resources to take Kaz Minerals private in £3B deal Nova Resources to take Kaz Minerals private in £3B deal Nova Resources to take Kaz Minerals private in £3B deal Nova Resources to take Kaz Minerals private in £3B deal Nova Resources to take Kaz Minerals private in £3B deal

Kaz Minerals' Bozymchak copper and gold open pit mine in Kyrgyzstan

Nova, which is controlled by two senior Kaz executives - chairman Oleg Novachuk and non-executive director Vladimir Kim - already holds a 39% stake in Kaz, and has agreed to acquire the remainder at