M&A

Albidon to be swallowed

ALBIDON has been thrown a lifeline in the form of a merger transaction after a subsidiary of the company's major shareholder, China's Jinchuan Group, announced it would pick up a 100% stake in the beleaguered nickel company.

Lauren Barrett

Albidon to be swallowed

Albidon, which suspended operations at its Munali nickel mine in November 2011 as it struggled with the declining nickel price and needed to retain its cash reserves, has been undertaking a rigorous search...

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