Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Equinox’s Toronto Office Helps Avoid Federal Review, Globe Says

March 1 (Bloomberg) -- Equinox Minerals Ltd., which makes most of its corporate decisions in Perth, Australia, may avoid a foreign investment review by the Canadian government because it’s based in Toronto, the Globe and Mail reported.

Equinox, which incorporated in Canada in 2004, offered this week to buy Toronto-based Lundin Mining Corp. for C$4.8 billion ($4.9 billion).

Equinox’s legal advisers say the bid won’t fall under the Investment Canada Act, in which the Canadian government reviews any bid worth more than C$300 million by a foreign investor, the newspaper said.

Related News and Information: Top Canadian news: {TOPC <GO>}

To contact the reporter on this story: Sean B. Pasternak in Toronto at spasternak@bloomberg.net.

To contact the editor responsible for this story: David Scanlan at dscanlan@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.