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RAPAPORT… China’s Fosun conglomerate has put in a rival bid to take
over Gemfields, following an earlier offer by the colored-gemstone miner’s
largest shareholder.
Fosun Gold, a subsidiary of the Shanghai-based holding
company, has proposed to buy Gemfields for $0.52 (GBP 0.409) per share,
representing a 15.1% premium over the miner’s closing share price on
Tuesday.
The initial offer is …

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