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Bendigo and BCD to merge

BENDIGO Mining has launched a friendly merger bid for BCD Resources, offering an all scrip deal t...

Nick Evans

Bendigo is offering 0.72 of its shares for each BCD share on issue, an implied value of 14.4c per BCD share based on Bendigo’s trading price of 20c on July 20. That’s a 44% premium to BCD’s last price...

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