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Reuters: Felix Resources gets takeover approaches, shares jump

Started by chris, July 28, 2008, 03:41:30 PM

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chris

Felix Resources gets takeover approaches, shares jump
      


SYDNEY (Reuters) - Felix Resources Ltd , an Australian coal miner with a A$3.5 billion ($3.3 billion) market value, said it had received takeover approaches, though no formal bid had yet emerged, sending its shares up as much as 13 percent.
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