CAPITAL MARKETS

Aurora rejects increased bid

AURORA Gold has rejected an increased takeover offer from Silvara, owned by Sir Ron Brierley's Guinness Peat Group through Tomorrow Ltd, the company said today.

Greg Tubby

Silvara has topped up its offer to 12c a share after receiving a lacklustre response to its original 10 per share bid, launched in August. "The Aurora board advises shareholders that the amended offer...

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