CAPITAL MARKETS

SEMAFO offer premature: Spiers

ORBIS Gold managing director Peter Spiers says SEMAFO's takeover proposal significantly undervalues the company.

Kristie Batten
SEMAFO offer premature: Spiers

SEMAFO this morning confirmed it had submitted a non-binding proposal to Orbis’ board for a takeover at A62-65c per share. “I think the way I’d address that is by saying fundamentally, we think that...

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