Deals
Yamana Poised to Best Goldcorp in Osisko Bid: Corporate Canada
This article is for subscribers only.
A week after Goldcorp Inc. Chairman Ian Telfer said he didn’t expect anyone to thwart his company’s C$2.73 billion ($2.47 billion) hostile offer for Osisko Mining Corp., Yamana Gold Inc. is poised to do just that.
Yamana’s C$1.47 billion offer for 50 percent of Osisko’s assets probably spells the demise of Goldcorp’s plan to buy the whole company, said Adam Graf, a New York-based analyst at Cowen & Co.