Commodities trader Trafigura has sold its 28 percent stake in Tiger Resources Ltd to institutional investors but no corporate buyer emerged to grab a strategic stake in the Australian miner with growing operations in central Africa’s hot copper belt.
The shares were sold at 35 cents a share to Australian and offshore investors, a person familiar with the process said who declined to be identified as the pricing was confidential.
via Business feed http://www.scmp.com/business/companies/article/1049292/trafigura-exits-australia%E2%80%99s-tiger-resources-no-strategic-buyers
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