Arab Today, arab today first quantum announces multibn inmet takeover
Last Updated : GMT 06:58:51
Arab Today, arab today
Arab Today, arab today

First Quantum announces multi-bn Inmet takeover

Arab Today, arab today

Arab Today, arab today First Quantum announces multi-bn Inmet takeover

Montreal - AFP

Canadian copper giant First Quantum Minerals has announced victory in its bid to secure a Can$5.1 billion (3.9 billion euro) takeover of compatriot Inmet Mining Corp. The takeover will create a \"new global leader in copper\" with a portfolio including operations in eight countries on four continents, First Quantum said in a statement Friday. First Quantum has forecast revenues of US$3.5 billion in 2013, while a strategic plan for the company has set a target of producing 1.3 million tonnes of copper a year by 2018. If those targets are met, First Quantum will become one of the five largest producers of copper in the world. First Quantum chief executive Philip Pascall thanked Inmet shareholders for making the deal possible. \"(We) are grateful for the overwhelming support that Inmet shareholders have shown for our vision of a new global leader in copper,\" Pascall said in the statement. \"This transaction is a substantial advancement in our long-stated objective of geographical diversification.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today first quantum announces multibn inmet takeover Arab Today, arab today first quantum announces multibn inmet takeover

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today first quantum announces multibn inmet takeover Arab Today, arab today first quantum announces multibn inmet takeover

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday