(Reuters) - TORONTO, July 3 - Teck Cominco has
agreed to buy Aur Resources with a friendly cash and
stock offer worth C$4.1 billion that will
significantly boost Teck's copper production, the companies
said on Tuesday.
Cash-rich Teck, one of the world's top zinc producers, has
been reviewing ways to spend its pile of money over the past
nine months. The Aur deal would boost copper production by 43
percent and add deposits under development.
Read more at Reuters.com Mergers News
agreed to buy Aur Resources with a friendly cash and
stock offer worth C$4.1 billion that will
significantly boost Teck's copper production, the companies
said on Tuesday.
Cash-rich Teck, one of the world's top zinc producers, has
been reviewing ways to spend its pile of money over the past
nine months. The Aur deal would boost copper production by 43
percent and add deposits under development.
Read more at Reuters.com Mergers News
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