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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