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30 Dec
02:30

Norwest urges ‘take no action’ on MinRes takeover

Australian oil and gas firm Norwest Energy has urged its shareholders to ‘take no action’ on miner Mineral Resources takeover, Kallanish notes. Mineral Resources intends to secure its energy supply both for commercial supply and to support its mining operations. The Norwest directors are considering Mineral Resources' unsolicited takeover bid and intend to provide their recommendations to Norwest shareholders as to what they should do in response t…
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