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Nova extends KAZ offer deadline

The consortium vying to take Kaz Minerals private has been forced to push back the shareholder approval deadline for its 780p offer by a fortnight, with almost 68% of minority shareholders holding out for a higher offer.

Nova extends KAZ offer deadline Nova extends KAZ offer deadline Nova extends KAZ offer deadline Nova extends KAZ offer deadline Nova extends KAZ offer deadline

Kaz Minerals' Baimskaya copper deposit in in Chukotka, Russia

Nova Resources, controlled by Kaz's chairman Oleg Novachuk and non-executive director Vladimir Kim, has set a new deadline of March 23 after it fell comfortably short of the 75% approval it needed to