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Eramet concedes error by upping Mineral Deposits bid

HAVING failed miserably to get Mineral Deposit shareholders to sell out for A$1.46 per share, French company Eramet has upped its bid for the ASX-listed company's stock by nearly 20% to $1.75 per share.

Michael Quinn
ERAMET has upped bid to buy-out Mineral Deposits.

ERAMET has upped bid to buy-out Mineral Deposits.

The new bid price is still some way below the $2.04-2.52 per share Mineral Deposits' "independent" expert Grant Samuel calculated, though Eramet said it will not increase the offer further "in the absence...

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