UK's Adriatic Metals in takeover talks with Dundee Precious Metals, Sky News reports
20/05/2025 15:16
May 20 (Reuters) - UK's Adriatic Metals ADT1.L is in early stages of takeover talks with Canadian peer Dundee Precious Metals DPM.TO, which could value the British firm at about 700 million pounds ($935.27 million), Sky News reported on Tuesday. The companies did not immediately respond to Reuters' requests for comment. ($1 = 0.7484 pounds) (Reporting by Anandita Mehrotra and Prerna Bedi in Bengaluru; Editing by Shilpi Majumdar) ((Anandita.Mehrotra@thomsonreuters.com))