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Endeavour Mining to take 1.5 billion pound Centamin offer hostile

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(Reuters) - Canada's Endeavour Mining Corp said on Tuesday it plans to take its 1.47 billion pound buyout offer for Centamin Plc directly to shareholders, after the British gold miner refused to discuss the bid. Endeavour Mining said the all-share takeover plan has an exchange ratio of 0.0846 Endeavour shares for each Centamin share, a 13.1% premium to their closing price on Monday.Centamin did..
Date Published: Dec 03, 2019
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