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Luiri becomes takeover target

DUAL-listed Luiri Gold says London-based investment company Carlton Resources has approached its major shareholder Lachlan Star to enter into a lock-up agreement over a proportional takeover bid.

Kristie Batten
Luiri becomes takeover target

Carlton’s proposed offer is A20c per share cash for 66.6% of shares held. Africa-focused Luiri is yet to receive a proposal from Carlton and is not sure if any shareholders have entered into the lock-up...

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