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Normandy tipped to reject AngloGold bid

NORMANDY Mining is expected to recommend shareholders reject AngloGold's $3.2 billion takeover of...

MiningNews.Net

The takeover offer (made in September) appeared to be a fait accompli, but analysts say rejection is the only option left for Normandy in order to entice a sweeter bid from AngloGold in the absence of...

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