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28
Oct
2020
Miner Kaz agrees to £3bn buyout deal from chairman-led groupBy:COPPER Kaz Minerals said on Wednesday it has agreed to be acquired by a consortium led by its chairperson Oleg Novachuk, in an all-cash deal that values the London-listed miner at £3-billion ($3.91-billion). Nova Resources, a company owned by Novachuk and Kaz director Vladimir Kim, will pay 640p per Kaz share, the miner said.
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