Equinox Urges Lundin Shareholders To Accept $5B Offer
Lundin, which runs copper operations in Portugal, Spain and Sweden, had advised its shareholders on Sunday to reject Equinox's offer, saying the proposed purchase price undervalues the company, and that the offer would expose Lundin to risk due to geopolitical instability in Zambia and Saudi Arabia, where Equinox's copper mines are located.
“Additionally, the board...
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