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Fosun jumps into Gemfields fray

White knight could scupper Pallinghurst bid

Alex Hamer
Fosun wants all of Gemfields, but says it would keep on current management

Fosun wants all of Gemfields, but says it would keep on current management

The Fosun International (HK:656) subsidiary has offered all Gemfields shareholders £0.408/share in cash for a full equity buyout of the company, £0.02 more than Pallinghurst was offering in shares, valuing...

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