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Kaz buyout draws investor ire

Kaz Minerals £3bn buyout by Nova Resources has hit a stumbling block.

Oonagh Reidy
A temporary camp at Kaz Minerals' Baimskaya copper project, located in the eastern region of Chukotka, Russia.

A temporary camp at Kaz Minerals' Baimskaya copper project, located in the eastern region of Chukotka, Russia.

CFC Management, a Russia-based investment advisor representing a group of shareholders who control 3.6% of Kaz, said its clients intended to vote against the 640p offer at a general meeting slated for...

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