Goldcorp offers to buy Osisko Mining in C$2.6 bln deal

Mon, 13 Jan - 9:48pm

Jan 13 (Reuters) - Goldcorp Inc G.TO said it offered to buy smaller gold miner Osisko Mining Corp OSK.TO in a C$2.6 billion ($2.4 billion) cash-and-stock deal.

The offer, which works out to C$5.95 per share, represents a 15 percent premium to Osisko's closing share price on Friday.

($1 = 1.0923 Canadian dollars)

(Reporting by Swetha Gopinath in Bangalore; Editing by Saumyadeb Chakrabarty)

((swetha.gopinath@thomsonreuters.com)(within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1130)(Reuters Messaging: swetha.gopinath.thomsonreuters.com@reuters.net))

Keywords: OSISKOMINING OFFER/

URN: 
urn:newsml:reuters.com:20140113:nL3N0KN2RE:3
Topics: 
MET CMPNY CA PREC COM MINE BLR METL DEAL1 LEN MRG NEWS1 RTRS BACT PREMTL MIN GDM BMAT GOL MTAL AMERS

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