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RAPAPORT… Gemfields’ largest shareholder has made an offer to acquire the
53% of the gemstone miner it does not already own, in a bid to restructure the
company and make it more profitable.
Pallinghurst Resources, a mining-focused private equity
firm, has offered Gemfields investors 1.91 shares in Pallinghurst for each
share in the colored-stone producer, valuing the miner at $275.6 mil…

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