Sherrit Coal - a joint venture between the C$73bn (£32bn) Ontario Teachers Pension Plan and Sherritt International - has declared victory in its take-over battle for the Luscar Coal Income Fund.
According to Sherrit Coal, 79.7m units - representing approximately 88% of the outstanding units - and 91.6m debentures - equal to approximately 91.6% of the outstanding Luscar debentures - have be...
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