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SEMAFO makes formal Orbis bid

CANADA'S SEMAFO has announced a formal cash off-market takeover for Orbis Gold.

Kristie Batten
SEMAFO makes formal Orbis bid

SEMAFO is offering A65c per share, the upper end of its previously announced valuation of 62-65c per share. Orbis said earlier this week that the bid price undervalued the company. The offer represents...

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