Sherrit Coal - a joint venture between the C$73bn (£32bn) Ontario's Teachers Pension Plan and Sherritt International - has set a final date of Monday, April 30 for Luscar Coal Income Fund to decide whether it will accept an acquisition offer by the firm.
According to Sherritt’s chairman, Ian Delaney, the time has now come for Luscar to finally decide about the buyout. Sherritt's offer is the only offer. Luscar has not brought forward a superior pro...
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