Osler Hoskin Reps Kinross In $7B Gold Mining Deal

Law360, New York (August 2, 2010, 7:09 PM EDT) -- Canadian gold mining company Kinross Gold Corp. on Monday announced a roughly $7.1 billion all-stock acquisition of Red Back Mining Inc., a deal that will give it operations in West Africa to go along with the mines it already owns in North America, South America and Russia.

Under the deal, Kinross will acquire all outstanding shares of Red Back that it does not already own. Red Back shareholders are set to receive 1.778 Kinross common shares, plus slightly more than one-tenth of a Kinross common share...
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