Norilsk, Russia's largest miner, extended its bid for the remaining stock to allow bondholders to convert their holdings into shares, the Moscow-based company said in an e-mailed statement today.
Norilsk has offered C$6.8 billion ($6.4 billion) for all of LionOre's stock, equivalent to C$27.50 a share. The buyout offer was previously due to end yesterday.
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