PolyMet Mining Corp. Has Received A Non-Binding Proposal From Glencore AG To Acquire All Outstanding Shares Of The Co For $2.11/Share
Portfolio Pulse from Happy Mohamed
PolyMet Mining Corp. has received a non-binding proposal from Glencore AG to acquire all outstanding shares of the company for $2.11 per share, according to an SEC filing.
July 03, 2023 | 12:16 pm
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PolyMet Mining Corp. could potentially be acquired by Glencore AG for $2.11 per share. This proposal could impact the company's stock price.
Acquisition proposals often lead to an increase in the stock price of the company being acquired, as the offer price is usually at a premium to the current market price. In this case, if the proposal from Glencore AG is accepted, it could lead to an increase in the stock price of PolyMet Mining Corp.
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