Australian zinc miner New Century Resources received an unsolicited off-market takeover bid from its largest shareholder, South African gold miner Sibanye-Stillwater, the companies said on Tuesday. The A$1.10 per-share offer valued New Century at A$144.1 million ($99.54 million). Shares of the Australian
Australian zinc miner New Century Resources received an unsolicited off-market takeover bid from its largest shareholder, South African gold miner Sibanye-Stillwater, the companies said on Tuesday.
The A$1.10 per-share offer valued New Century at A$144.1 million . Shares of the Australian company climbed 42.2 per cent after receiving the offer.
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