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Record gold for Westgold as Gascoyne bid gains some traction

Second major shareholder agrees to takeover offer in absence of superior deal

Michael Quinn
Westgold's Bluebird plant, WA

Westgold's Bluebird plant, WA

The shareholder, NRW Holdings, holds 14.7% of Gascoyne, and its acceptance of the Westgold bid "in the absence of a superior proposal emerging", means more than 25% of Gascoyne's issued capital is looking...

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