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Indophil recommends takeover offer

INDOPHIL Resources plans to accept an all-cash takeover bid from its largest shareholder, Alsons ...

Andrew Duffy

Under the proposed deal, APIC will offer 30c cash for each Indophil share, a 43% premium to yesterday’s close and an 85% premium to the 12-month average. “The proposal from APIC offers Indophil shareholders...

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