5N Plus wins big price cut in settlement on MCP takeover
Jun 20, 2013 | 11:49 AM
SHANGHAI Canadas 5N Plus Inc. has agreed to pay 17.5 million ($23.1 million) to the former shareholders of Belgian nonferrous metals distributor MCP Group SA to end an 18-month dispute over its purchase of the company.
The sum is less than one-third of the 54 million ($71.2 million), including interest, still outstanding from the original purchase price in April 2011.....
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