M&A

Glencore takes over 90% stake in Minara

SWISS metals giant Glencore International has moved a step closer to taking full control of Minara Resources after upping its stake in the nickel miner to over the 90% threshold.

MiningNews.Net
Glencore takes over 90% stake in Minara

In a notice lodged on the Australian Securities Exchange, Glencore said it had increased its stake from 85.54% to 91.46%, allowing the company to compulsorily acquire the remaining Minara shares it has...

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