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Hannans seeks Scandinavian reward

AS EXPECTED, Scandinavian Resources has received a $A32 million scrip takeover bid from its small...

Kristie Batten

Hannans is offering three of its shares for every one Scandinavian share, valuing Scandinavian at 28c per share, a 27% premium to its Monday closing price. The deal would give Scandinavian shareholders...

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