Business Recorder - Markets - Financial https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 06:30:49 +0500 Thu, 13 Aug 2026 06:30:49 +0500 60 Shares in miner Equinox soar 28 percent on Minmetals offer https://www.brecorder.com/news/9943/shares-in-miner-equinox-soar-28-percent-on-minmetals-offer <p class="MsoPlainText"><img style="margin-bottom: 101px; margin-right: 10px; float: left;" src="https://i.brecorder.com/images/stories/pics2011/april/cooper.404.jpg" width="400" height="300" />SYDNEY<span style="font-size: 10pt;">?</span><span style="font-size: 10pt;">: The Australian-listed shares of copper miner Equinox Minerals jumped 28 percent following a $6.5 billion takeover bid from </span>China<span style="font-size: 10pt;">'s Minmetals Resources Equinox Sydney-listed stock was up A$1.62 at A$7.32 ($7.61)shortly after the shares resumed trading on Monday.</span></p> <p class="MsoPlainText"><span style="font-size: 10pt;">Minmetals said earlier Monday it would offer C$7($7.215) per share for Equinox on the condition that the target company dropped its offer for Lundin ($1 = 0.970 Canadian Dollars) ($1 = 0.962 Australian Dollars).</span></p> <p class="MsoPlainText"><span style="font-size: 10pt;"><CENTER><B><I>COPYRIGHT REUTERS, 2011</B></I><BR /></CENTER></span></p> SYDNEY?: The Australian-listed shares of copper miner Equinox Minerals jumped 28 percent following a $6.5 billion takeover bid from China's Minmetals Resources Equinox Sydney-listed stock was up A$1.62 at A$7.32 ($7.61)shortly after the shares resumed trading on Monday.

Minmetals said earlier Monday it would offer C$7($7.215) per share for Equinox on the condition that the target company dropped its offer for Lundin ($1 = 0.970 Canadian Dollars) ($1 = 0.962 Australian Dollars).

COPYRIGHT REUTERS, 2011

]]> Markets https://www.brecorder.com/news/9943 Mon, 04 Apr 2011 08:45:25 +0500 none@none.com (Muhammad Iqbal)