Japan's Toho Zinc Extends Offer for Australia's CBH-Shanghai Metals Market

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Japan's Toho Zinc Extends Offer for Australia's CBH

Industry News 02:45:29PM Jun 29, 2010 Source:SMM

SYDNEY, June 29 -- Japan's Toho Zinc Ltd (5707.T: Quote) on Tuesday extended its takeover offer for Australian miner CBH Resources (CBH.AX: Quote) for seven days to July 14.

Toho is offering A$0.24 a share, or A$361.5 million for CBH, which mines zinc and lead.

 

Price

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#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

Japan's Toho Zinc Extends Offer for Australia's CBH

Industry News 02:45:29PM Jun 29, 2010 Source:SMM

SYDNEY, June 29 -- Japan's Toho Zinc Ltd (5707.T: Quote) on Tuesday extended its takeover offer for Australian miner CBH Resources (CBH.AX: Quote) for seven days to July 14.

Toho is offering A$0.24 a share, or A$361.5 million for CBH, which mines zinc and lead.