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Australia's Fortescue to buy remaining stake in Alta Copper, valuing it at $101 million

Dec 15 (Reuters) - Australia's Fortescue FMG.AX said on Monday that it will buy the remaining 64% of Alta Copper ATCU.TO that it does not already own for C$1.40 per share.

The deal implies a total equity value for the Toronto-listed copper miner of C$139 million ($101 million).

($1 = 1.3762 Canadian dollars)

 (Reporting by Nichiket Sunil in Bengaluru; Editing by Nia Williams)

 ((Nichiket.Sunil@thomsonreuters.com))

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