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OZ cuts stake in Toro

OZ Minerals has reduced its stake in Toro Energy to below 50%, after a recent rights issue booste...

Kristie Batten
OZ cuts stake in Toro

OZ sold 10 million shares at 19c per share to decrease its holding to 49.9% or more than 277 million shares. The shares were placed to clients of financial firm Taylor Collison. “This transaction restores...

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