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Avanco directors accept Oz offer

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CORPORATE ACTIVITY
The directors of takeover target Avanco have accepted an off-market cash and scrip takeover offer from fellow copper miner Oz Minerals. Oz Minerals in March launched a A$418-million offer for the Brazil-focused junior, offering 8.5c in cash and 0.009 of its own shares for every Avanco share held.
 
 
 
 
 

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