Hochschild makes offer for Chilean firm Andina

Hochschild Mining, a gold and silver miner, has made an all-cash offer for Andina Minerals, a move the directors of Andina have given their support to.

Hochschild Mining, a gold and silver miner, has made an all-cash offer for Andina Minerals, a move the directors of Andina have given their support to.

Hochschild has said it will pay C$0.80 per share, which values the firm at C$103m on a fully-diluted basis.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.