Friday, June 29, 2007

Lundin raises, extends bid for Rio Narcea

(Reuters) - Lundin also extended the deadline for its offer to July 16
from June 29. It said it will not extend the bid again.




The company said it entered into lock-up agreements with
major shareholders holding about 30.9 percent of Rio Narcea's
shares. It said shareholders holding an additional 12.3 percent
of Rio Narcea have indicated their intention to tender their
shares to the amended offer.


Read more at Reuters.com Bonds News

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