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Deutsche sale clears Paladin's NGM bid

THE Paladin Energy bid for NGM Resources has cleared one of its potential hurdles, with Paladin announcing this afternoon Deutsche Securities Australia has accepted its nearly 20 million share stake in NGM into the offer.

Nick Evans
Deutsche sale clears Paladin's NGM bid

Deutsche began acquiring NGM shares on July 22, one day after Paladin’s announcement of its intention to make an off-market scrip takeover offer for all NGM shares it doesn’t already own. The company...

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