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Gunns plans complete takeover of Auspine

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Published in issue 21/2007
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Australian forestry company Gunns Limited has acquired a stake of around 25% in fellow Australian Auspine Ltd. Gunns reported on 15 May that it intends to raise its stake in Auspine to 100% and proposes to pay A$6.15 or 1.83 Gunns shares for each share in Auspine. The company expects to be able to finalise the ...

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