Goldcorp Inc. has launched a $2.6-billion unsolicited takeover offer for Osisko Mining Corp.
The proposed deal is in the form of 0.146 of a Goldcorp share plus $2.26 in cash for each Osisko common share, for a total value of $5.95 per share, Goldcorp said in a news release Monday.
Vancouver-based Goldcorp says the proposed transaction offers a 15 per cent premium over Quebec-based Osisko’s latest closing share price.
http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/goldcorp-launches-26-billion-bid-for-osisko-mining/article16294970/