Nevsun Resources rejects $1.17bln takeover bid from mining rivals Lundin, Euro Sun

摘要

Canadian copper-zinc miner Nevsun Resources Ltd has rejected a takeover bid from mining majors Lundin Mining Corp and Euro Sun Mining, Lundin said on Monday May 7.The bid, which valued Nevsun at C$1.5 billion ($1.17 billion), marks one of the first major moves in base metals mining mergers and acquisitions (M&A) in several years.