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RAPAPORT… The board of Trans Hex Group advised shareholders to decline
a takeover bid from South Africa’s richest man, after a panel of independent
members found the offer underprices the miner.
Snowden Mining Industry Consultants Proprietary Ltd, which
was hired by the independent members of the board, valued the company at $0.59
(ZAR 8) per share, the rough producer said in a statement to…

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