Goldcorp raises buyout offer for Osisko to $3.6 bln - Reuters

Goldcorp Inc , the world's second-biggest gold miner by market value, said on Thursday that it raised its offer to buy Osisko Mining Corp to about $3.6 billion, reports Reuters. Osisko has rejected Goldcorp's bid as too low. Osisko earlier this month unveiled a complex "white knight" bid by fellow Canadian miner Yamana Gold for 50 percent of its assets. As part of the deal, the company entered into funding arrangements with CPPIB Credit Investments and the Caisse de dépôt et placement du Québec.

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