April 26 (Reuters) - The consortium bidding to take KAZ
Minerals private said on Monday its bid for the copper
miner had been declared unconditional after winning more than
90% of support.
Nova Resources, led by KAZ Minerals Chairman Oleg Novachuk
and Kazakh billionaire Vladimir Kim, at the end of March had
offered shareholders 850 pence ($1.18) in cash per share for the
60% they do not already own, after minority investors rejected
two previous offers for being too low.
($1 = 0.7191 pounds)
(Reporting by Clara Denina; Editing by Edmund Blair)
