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Iluka scraps Kenmare talks

AFTER 18 months of negotiations, Iluka Resources has scrapped plans for a takeover of Dublin-base...

Kristie Batten

Last month, Iluka submitted a third non-binding proposal to acquire Kenmare for 0.007 Iluka shares for each Kenmare shares held. The offer was much lower than the earlier two made in June 2014 and April...

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