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Nova to squeeze out Kaz minorities

93% shareholder approval now secured

Oonagh Reidy
Nova Resources has secured enough shareholder acceptances for the Kaz Minerals' takeover offer to squeeze out dissenting minorities

Nova Resources has secured enough shareholder acceptances for the Kaz Minerals' takeover offer to squeeze out dissenting minorities

Nova Resources said it had secured 93% shareholder approval - above the threshold of 90% it needed to compulsorily purchase all remaining shares - for its 869p per share offer as of Friday.    Earlier...

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