Zinc and Lead Mining Company Acquires a Rival
Zinifex, an Australian mining company that specializes in zinc and lead, agreed to be acquired by Oxiana, one of the largest mining companies in Australia, for 6 billion Australian dollars ($5.6 billion). The deal, which requires shareholder approval, comes after a year of discussions, the companies said. Oxiana agreed to pay 3.1931 of its shares for each share of Zinifex. Both companies are based in Melbourne.
