September 5, 2018 / 10:49 AM / 14 days ago

BUZZ-Nevsun: Soars on $1.41 bln buyout deal

** U.S.-listed shares of Nevsun Resources up 14.7 pct at $4.29 premarket after China’s Zijin Mining Group enters deal to buy co for C$6.00/shr in cash

** NSU is 2nd biggest pct gainer among U.S. stocks before the bell and set to hit more than a 3-year high

** Offer price of C$6.00/shr, represents ~21 pct premium to NSU’s last close in Toronto

** Earlier, Nevsun had rejected multiple bids from rival Lundin Mining

** Stock has risen ~26 pct since May 7, since Lundin made its offer public (Reporting by Amy Caren Daniel in Bengaluru)

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