Montreal – Quebec’s market watchdog is expressing frustration that its takeover defense proposals aren’t gaining more traction nationally, saying other provinces need to “see the light” or risk losing strategic companies of their own. 721 more words
Tags » Goldcorp Inc
MONTREAL/TORONTO – Sean Roosen never wanted to sell Osisko Mining Corp.
The chief executive of Quebec’s biggest home-grown miner has said repeatedly that Goldcorp Inc. ambushed him with a hostile offer before he even got the chance to prove what kind of money his main production asset, the Malartic gold mine, could make for investors. 605 more words
Osisko Mining Corp. has come up with a premium white knight takeover bid, defying the skeptics who doubted it would happen and providing a positive jolt to the gold sector. 689 more words
MONTREAL • As Yamana Gold Inc. weighs whether to bid more for Osisko Mining Corp. to thwart Goldcorp Inc.’s $3.6-billion offer, a member of Quebec’s newly elected Liberal party said the timeline for government intervention in the takeover battle has passed. 536 more words
TORONTO • The shareholders of Osisko Mining Corp. face a tricky choice: take the clean takeover bid and walk away, or take a more complex deal with a disputed value that management firmly believes is better. 608 more words
Sean Roosen thinks Goldcorp Inc. has internal problems to deal with. And he suspects that will prevent it from making another offer for his company and its giant Canadian Malartic mine in Quebec. 444 more words
MONTREAL – Business and politics mix freely in Quebec, sometimes in dangerous ways.
So when Yamana Gold Inc. announced early Wednesday it had struck a friendly deal to buy half of Montreal-based Osisko Mining Corp.’s mining and exploration assets while maintaining Osisko’s head office, it didn’t take long for provincial politicians to react. 778 more words