CAPITAL MARKETS

Takeover speculation sparks interest in Energy Metals

SHARES in Energy Metals gained 80c or 19% today to close at $5.10, boosted by speculation that the company is a takeover target by Paladin Resources even as both companies denied a news report suggesting the bid was on the cards.

Kate Haycock
Takeover speculation sparks interest in Energy Metals

In an announcement to the market today, Energy said it was not aware of any basis to a story in the Australian Financial Review that suggested that Paladin would make a takeover offer for the uranium explorer....

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