UniCredito to buy Pioneer Group for $1.2 billion

Article Abstract:

UniCredito Italiano Group will acquire Pioneer Group Inc. for $1.2 billion (1.3 billion euros). The acquisition price comes out to $43.50 per share.

Italy, Pioneer Group Inc., PIOG, UniCredito Italiano Group

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Newmont Mining boosts takeover bid for Normandy

Article Abstract:

Newmont Mining Corp. has increased its bid to acquire Normandy Mining Ltd. to 4.3 billion Australian dollars (2.45 billion euros) or 1.93 Australian dollars per share. This 10 Australian cents per share rise is higher than a rival bid from AngloGold Ltd.

Australia, South Africa, Mining & Extractive Industries, Mining, Newmont Mining Corp., NEM, Normandy Mining Ltd., NDY, AngloGold Ltd.

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Asarco signs Phelps Dodge's deal to be acquired for cash and stock

Article Abstract:

The board of directors of Asarco Inc. has signed an agreement to be purchased by Phelps Dodge Corp. in a deal worth $1.12 billion (1.04 billion euros). The acquisition involves an exchange of shares and cash. The agreement could lead to the end of a takeover battle for Asarco. Phelps Dodge was engaged in a battle with Grupo Industrial Mineral Mexico SA to purchase Asarco.

Nonferrous Metals, Primary Metal Manufacturing, Abstract, Metal products, Nonferrous metal industry, Nonferrous metal industries, Phelps Dodge Corp., Asarco Inc.

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