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Hannans warns of approaching Fox

TAKEOVER target Hannans Reward is evaluating an unsolicited takeover bid from Fox Resources and has urged shareholders to ignore Fox's off-market bid as the nickel play seeks to snap up Hannans for close to $5.9 million.

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Hannans warns of approaching Fox

Pilbara-focused Fox announced its takeover bid to market less than an hour before closing, saying it would offer Hannans shareholders one Fox share for every two they held. Hannans' board told shareholders...

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