Latest Share Chat

KAZ.L Share News (KAZ)

KAZ.L Information

There is currently no data for KAZ

IN BRIEF: Kaz Minerals takeover by Nova becomes unconditional

Fri, 09th Apr 2021 17:44

Kaz Minerals PLC - London-based copper company - Nova Resources BV, the investment vehicle of Kaz Minerals PLC Chair Oleg Novachuk, declares its final increased offer unconditional as to acceptances. The takeover offer was raised at the end of March to 850 pence per share, plus a 27 US cents special dividend, valuing Kaz at more than GBP4.1 billion. Nova made its first offer of 640p per share for Kaz last October. In February, Nova increased its bid to 780p per share, valuing Kaz at around GBP3.7 billion.

Current stock price: 863.18 pence, down 0.4% on Friday

Year-to-date change: up 31%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

More News

9 Jan 2020 09:34

UK BROKER RATINGS SUMMARY: Peel Hunt Cuts SIG After Profit Warning

19 Dec 2019 12:34

Thursday broker round-up

(Sharecast News) - Capita Group: Deutsche Bank downgrades to sell with a target price of 155p.

19 Dec 2019 09:28

UK BROKER RATINGS SUMMARY: HSBC Cuts Miners Rio, Anglo And Antofagasta

17 Dec 2019 09:31

UK BROKER RATINGS SUMMARY: JPMorgan Cuts Rio And BHP, Raises Anglo

11 Dec 2019 13:53

FTSE 250 movers: Syncona slides, Stagecoach shines

(Sharecast News) - London's FTSE 250 was 1.22% lower at 20,526.53 in afternoon trade on Wednesday, with Syncona leading the index downward.

11 Dec 2019 11:58

Barclays cuts target prices for copper miners but sees gold lining

(Sharecast News) - Analysts at Barclays cut their target prices for a large swathe of UK-listed copper miners, on the back of lower projections for the medium-term price of the industrial metal, although there was a gold lining to its forecast changes, so to speak.

11 Dec 2019 09:42