Announced
Financials
Sources
Tags
Friendly
Bolivia
metal
Aluminium
Pending
Cross Border
Private
Acquisition
zinc mining
mining
Single Bidder
Majority
Synopsis
Santa Cruz Silver Mining, a Mexican focused silver company, agreed to acquire Sinchi Wayra and Illapa from Glencore, an Anglo-Swiss multinational commodity trading and mining company, for $110m. Completion of the sale is conditional on, without limitation, receipt of certain regulatory approvals in Canada and is expected to occur within the next three months since announcement.
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