Canada's Dundee Precious to buy UK's Adriatic Metals in $1.25 billion deal

By Yahoo! Finance   |   1 week ago
Canada's Dundee Precious to buy UK's Adriatic Metals in $1.25 billion deal

Dundee Precious Metals is set to acquire Adriatic Metals in a $1.25 billion cash-and-stock deal, part of a trend of foreign takeovers of UK firms. The acquisition offers a premium to Adriatic shareholders and aims to enhance operations and diversify the metal mix.

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