Business
Offer Update
Offer Update.
About this update from Antofagasta Plc
[{"type":"text","content":"\n Antofagasta PLC\n24 August 2006\n\n ANTOFAGASTA PLC\n\n\nFor immediate release\n\n\n Antofagasta has 97% interest in Equatorial Mining and\n takeover offer now unconditional\n\n\nLONDON: 24 August 2006 - Antofagasta PLC is pleased to announce that its wholly\nowned subsidiary, Sierra Gorda Copper Pty Limited ('Antofagasta') now has a 97%\ninterest in Equatorial Mining Limited ('Equatorial'). This follows completion\nof its acquisition of a 19.99% interest in Equatorial from AMP Life and\nacceptances received under Antofagasta's takeover offer.\n\n\nThe last remaining condition of Antofagasta's offer has now been satisfied and\naccordingly, the takeover offer is unconditional.\n\n\nAntofagasta also notes Quadra Mining's announcement yesterday confirming that it\nwill not be increasing its offer for Equatorial.\n\n\nAntofagasta encourages all remaining Equatorial shareholders to accept its offer\nas soon as possible. Antofagasta's offer is scheduled to close at 7pm Sydney\ntime on 16 September 2006.\n\n\nAntofagasta intends to compulsorily acquire any remaining Equatorial shares in\naccordance with Australian takeover regulations in due course.\n\n\n \nEnquiries - UK Enquiries - Chile / North America\n\n Antofagasta Minerals S.A.\n\nAntofagasta PLC Alejandro Rivera\n\nTel: +44 20 7808 0988 Tel: +56 2 377 5145\n\nwww.antofagasta.co.uk Email: [email protected]\n\n\nHussein Barma Rothschild Inc. (financial adviser)\nEmail : [email protected] Tel: +1 202 862 1660\n Hugo Dryland\n\nBankside Consultants\n\nTel: +44 20 7367 8873 Enquiries - Australia\nMob: +44 7885 356 639\n Rothschild Australia (financial adviser)\n\nKeith Irons Tel: +61 2 9323 2000\n\nEmail: [email protected] Marshall Baillieu\n\n Chris Forman\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":2568,"tagName":"div"}]