October 26, 2015 / 4:43 PM / 2 years ago

Canada's Iamgold to buy remaining stake in Euro Ressources

(Reuters) - Canadian miner Iamgold Corp (IMG.TO) (IAG.N) said it had filed a tender offer to buy the remaining shares of Euro Ressources SA EURR.PA for 2.84 euros ($3.14) per share in cash.

Iamgold’s offer represents a 31.5 percent premium based on Euro Ressources’ Friday close, the Canadian miner said on Monday.

Iamgold currently owns about 86 percent of the French company.

($1 = 0.9055 euros)

Reporting by Sneha Banerjee in Bengaluru; Editing by Anil D'Silva

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