Mexico’s Invecture in hostile play for Frontera Copper

Dec 04, 2008 | 07:04 AM | Anne Riley

Mexican investment firm Invecture Group SA de CV has launched a hostile bid for mid-sized miner Frontera Copper Corp.

Invecture contacted the Toronto-based company's shareholders directly, offering to purchase all outstanding common shares for Canadian 59 cents (46.8 cents) each, an 11.3-percent premium to Wednesday's closing price of C53 cents on the Toronto Stock Exchange.....





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