M&A

Cerro to merge with Primero

CANADA'S Primero Mining Corp is set to acquire Brisbane-based Cerro Resources for $C119 million (...

Kristie Batten
Cerro to merge with Primero

Primero will offer 0.02 of its shares for every Cerro share held via a scheme of arrangement, a 77% premium to Cerro’s closing price of A8.3c yesterday. Cerro shares jumped nearly 63% to 13.5c this...

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