December 6, 2011 / 3:19 PM / in 6 years

KGHM will still pay dividend after Quadra FNX deal

WARSAW, Dec 6 (Reuters) - Europe’s No.2 copper producer KGHM still aims to pay a dividend worth between 30 and 50 percent of its 2011 profit despite spending C$2.9 billion ($2.9 billion) on the acquisition of Canada’s Quadra FNX, CEO Herbert Wirth said on Tuesday.

Wirth added Quadra FNX will be delisted from the Toronto bourse temporarily, but did not elaborate. ($1 = 1.0131 Canadian dollars) (Reporting by Adrian Krajewski, writing by Gabriela Baczynska)

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