Champion Iron launches $289 million cash tender offer for Norway’s Rana Gruber
MONTREAL – Champion Iron Limited announced on Sunday it has entered into an agreement to acquire Norwegian iron ore producer Rana Gruber ASA in a recommended cash tender offer worth approximately $289 million, securing financial backing from Caisse de dépôt et placement du Québec and Scotiabank. The Canadian miner said it will offer 79 Norwegian crowns…