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Finance / Brazil

Atacocha Sale Progresses

October 2008 | M&A News Alert
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Peruvian miner, Atacocha, which said in August that a block of its shareholders were looking to sell a majority stake in the company, announced on October 3 that it would allow PAF Securities to conduct due diligence. Shares in the zinc and lead producer have climbed more than 40% since August on the back of speculation that a foreign mining company may be interested.