ENRC Offers $550 Million to Buy Dan Gertler Out of Congo Unit

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ENRC was present at Grand Karavia’s Katanga IPAD 2012 (MNM Picture) Dec. 8 (Bloomberg) – Eurasian Natural Resources Corp. offered $550 million to buy out Israeli billionaire Dan Gertler from a company holding interests in copper and cobalt licenses in the Democratic Republic of Congo. The cash bid is for 49.5 percent of Camrose Resources Ltd., which is indirectly owned by a Gertler family trust, London-based ENRC said yesterday in an e-mailed statement. The offer, which also is for minority shareholdings in some Camrose units, is expected to close by…