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KAZ £3 billion buyout takes another twist

The two senior executives behind the £3 billion buyout of KAZ Minerals have changed tack - proposing a takeover of the Kazakhstan copper producer after vehement opposition from minority shareholders.

KAZ £3 billion buyout takes another twist KAZ £3 billion buyout takes another twist KAZ £3 billion buyout takes another twist KAZ £3 billion buyout takes another twist KAZ £3 billion buyout takes another twist

KAZ Minerals' Baimskaya copper mine in Chukotka, Russia

Nova Resources, the buyout vehicle backed by KAZ chairman Oleg Novachuk and non-executive director Vladimir Kim, has abandoned the scheme of arrangement proposed in October in favour of a takeover -

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