Goldcorp secures Canadian antitrust approval on Osisko bid

Fri, 31 Jan - 12:34am
    TORONTO, Jan 30 (Reuters) - Goldcorp Inc    said that 
Canada's antitrust watchdog has indicated it does not intend to 
challenge the gold miner's move to acquire its smaller rival 
Osisko Mining Corp   . 
    Vancouver-based Goldcorp said on Thursday it has obtained an 
advance ruling certificate from the Competition Bureau, removing 
one of the hurdles it faces in its C$2.6 billion ($2.3 billion) 
hostile bid for Osisko.  
    Montreal-based Osisko said on Wednesday it has sued Goldcorp 
in an attempt to foil the miner's hostile bid, alleging that its 
suitor misused confidential information.    
    Goldcorp, on Thursday, denied the allegations made by Osisko 
and said it will take all necessary steps to vigorously defend 
its position.  
  ($1 = 1.1151 Canadian dollars) 
 
 (Reporting by Euan Rocha; editing by Sofina Mirza-Reid) 
 ((euan.rocha@thomsonreuters.com)(+1 416 941 8185)(Reuters 
Messaging: euan.rocha.reuters.com@reuters.net)) 
 
Keywords: OSISKO GOLDCORP/ 
     
URN: 
urn:newsml:reuters.com:20140130:nL2N0L40YB:3
Topics: 
MET CMPNY CA MONOP PREC COM MINE METL DEAL1 LEN MRG RTRS BACT PREMTL MIN GDM BMAT GOL REGS MTAL AMERS

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