Nyrstar NV (EBR:NYR) announced the formal launch of the sales process for all or the majority of its mining assets. The company announced on November 9, 2015 that the sales would be taking place.
As quoted in the press release:
Nyrstar has received a number of unsolicited expressions of interest for its mining assets from various potential buyers and will seek to engage with all prospective buyers for the mining assets, individually and as a portfolio, to ensure a fair and transparent sales process.
The sale process is expected to require a period of several months and may or may not result in a sale of all or the majority of Nyrstar’s mining assets. Nyrstar will issue an update in the event a sale is agreed or disclosure is otherwise required.
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