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It is not just a rival bidder that Goldcorp has to consider. There is the possibility that Osisko shareholders simply say no.
It is not just a rival bidder that Goldcorp has to consider. There is the possibility that Osisko shareholders simply say no.
(Mathieu Dupuis/Osisko Mining)

Goldcorp to consider Osisko Mining spinoff to sweeten offer

Goldcorp Inc. would consider spinning off Osisko Mining Corp.’s exploration assets into a separate company as a way to sweeten its unsolicited offer for the smaller gold miner, people familiar with the matter said.

Montreal-based Osisko has rejected Goldcorp’s $3-billion cash and stock offer and is courting a range of suitors for its large Canadian Malartic mine in Quebec.