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China's Fosun sweetens offer for Gemfields

Cecilia Jamasmie | June 20, 2017 | 6:34 am Precious Metals Africa China Europe Diamond Gold 

Emeralds and rubies miner Gemfields (LON:GEM) is encouraging its minority shareholders to accept an improved takeover bid from China's Fosun International, despite considering it unfair, to avoid being bought-up by its largest shareholder. The London-listed miner told investors Tuesday that while the terms...

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