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Coffey recommends Tetra takeover

SHARES in professional services consultant Coffey International more than doubled today after its board unanimously recommended a takeover offer by US-listed Tetra Tech.

Jack McGinn
Coffey recommends Tetra takeover

Coffey has entered an agreement with Tetra under which the latter will make an off-market takeover offer for the company. Tetra has offered A42.5c cash for each share not held in Coffey. The offer represents...

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