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Seeing red

6 September 2018 By Clara Ferreira Marques

Zijin Mining agreed to buy Nevsun for $1.4 bln, trumping hostile suitor Lundin. A cash bid at a 57 pct premium mostly to bet on a project in Serbia speaks to Beijing’s relentless appetite for important metals, but also to scarce supply. Pockets of outbound M&A exuberance persist.

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