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Amex recommends shareholder buy-out

Offer to take iron sands company private

Andrew Hobbs
Amex recommends shareholder buy-out

Zhang’s Waratah International (Asia) has made an off-market takeover offer worth 50c per share, at 37.5% premium to the 36.4c volume-weighted average price of Amex shares over the past 20 days. Zhang...

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