Nyrstar makes 663 Million dollars bid for Breakwater

摘要

Toronto-based zinc miner Breakwater Resources (bwr-t) has agreed to a 663-million dollars takeover bid by European smelting giant Nyrstar. Under the agreement Nyrstar is offering 7 dollars par share, or 619 million dollars in cask Breakwater would pay its shareholders a special dividend of 50 cents per share, or 44 million dollars, a day before Nyrstar acquires its shares.