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01
Aug
2016
Iluka confirms £215m offer for Sierra RutileBy:Creamer Media Contributing Editor Online CORPORATE ACTIVITY Australian mineral sands miner Iluka Resources on Monday reached an agreement with Aim-listed Sierra Rutile to acquire all of its issued and to-be issued shares for £215-million. The acquisition will be implemented by merging Sierra Rutile with Iluka Investments (Iluka Newco), a wholly-owned incorporated subsidiary of Iluka International.
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