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IGO overpaying for Western Areas: RBC

Acquisition has strategic rationale

Kristie Batten
The acquisition will land IGO the long-life Cosmos operation

The acquisition will land IGO the long-life Cosmos operation

Yesterday it was announced IGO would pay A$3.36 cash per share, a 3.7% premium to yesterday's close and a "compelling" 35.5% premium to Western Areas' price in August before it was made public the two...

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