September 5, 2018 / 8:48 AM / 3 months ago

Canada's Nevsun agrees for $1.41 bln takeover by China's Zijin Mining

Sept 5 (Reuters) - Nevsun Resources Ltd said on Wednesday it entered into an agreement pursuant to which China’s Zijin Mining Group Co Ltd will make an offer valued at C$1.86 billion ($1.41 billion) for the Canadian miner.

Zijin Mining will make a takeover bid for Nevsun at C$6.00 per share in cash, the company said in a statement. ($1 = 1.3180 Canadian dollars) (Reporting by Ismail Shakil in Bengaluru; Editing by Gopakumar Warrier)

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