January 13, 2014 / 3:53 PM / in 4 years

BRIEF-Goldcorp comments on bid for Osisko

Jan 13 (Reuters) - Goldcorp Inc : * CEO says views osisko’s malartic asset as a “low-risk” mine * CEO sees potential cost synergies from acquisition of Osisko * CEO says offer for Osisko to officially commence on Tuesday, after takeover

circular filed with regulators * CEO says malartic would potentially be one of goldcorp’s biggest free cash

flow generators, if acquisition succeeds * CEO says with malartic asset already in production, it makes it an ideal

acquisition * CEO says company has not had any conversations with Osisko equity, debt

holders ahead of going public with its offer * CEO says its discussions with Osisko management stopped late last year * Says strongly committed to retaining the company’s current credit rating * CEO says focused on this acquisition for now, not looking at doing other

deals at this point

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below