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Bid price rises after Equatorial backs offer

EXXARO Resources has upped its offer price for African Iron to A57c a share after the takeover ta...

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Bid price rises after Equatorial backs offer

Behind Cape Lambert Resources, Equatorial is African Iron’s second-largest shareholder with a 20.5% stake. Exxaro initially offered 51c/share as well as options priced at 31c, which would increase...

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