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Kinross rejected takeover bid from Endeavor, sources tell Bloomberg
By Dinesh Nair, Jacob Lorinc, and Jack Farchy
Bloomberg News
via Yahoo News, Sunnyvale, California
Friday, June 30, 2023
In recent months Endeavour Mining made a takeover approach to rival Kinross Gold Corp. that was rebuffed by the Canadian company, according to people familiar with the matter.
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Endeavour, an acquisitive gold miner backed by Egyptian billionaire Naguib Sawiris, was considering a potential cash and stock deal for Kinross, the people said. It held talks with potential partners about teaming up on a bid, according to the people, who asked not to be identified because the information is private. ...
... For the remainder of the report:
https://finance.yahoo.com/news/kinross-gold-said-reject-takeover-210114748.html
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