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M&A
Crunch time for Kaz Minerals
There’s a lot of noise about the future of Kaz Minerals, with investors divided over whether a higher bid will be fired off this week by chairman Oleg Novachuk and director Vladimir Kim.
Their offer in October via their vehicle Nova Resources was pitched at 640p for the 61% of the shares they don't already own (at a cost of £1.8 billion), and was recommended by an independent committee...
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