March 25 (Reuters) - The consortium bidding for Kaz Minerals
is set to increase its 3.7 billion pounds ($5.08
billion) offer for the London-listed copper miner, the Financial
Times reported on Thursday.
Nova Resources, which is controlled by Kaz Chair Oleg
Novachuk and metals tycoon Vladimir Kim, has until Friday to
change the terms of its 780-pence-per-share cash bid, the
newspaper said, citing people familiar with the situation.
($1 = 0.7280 pounds)
(Reporting by Radhika Anilkumar in Bengaluru; Editing by Leslie
Adler)