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Imdex jumps on acquisition

DRILLING supply company Imdex says it is seeking to buy Germany-based drilling fluids and chemicals and equipment supplier Mud-Data for around $A4.7 million with investors today welcoming the news.

MiningNews.Net
Imdex jumps on acquisition

The Perth-based company has entered a heads of agreement to buy Mud-Data with the acquisition subject to due diligence and formal documentation. News of the purchase resulted in Imdex's share price...

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