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 Address to refer: https://www.researchchannel.co.za/article/mercantile-plans-to-buy-bauxite-resources-sell-its-assets-and-return-cash-to-shareholders-2017-11-08
 Article Headline: Mercantile plans to buy Bauxite Resources, sell its assets and return cash to shareholders
 Abstract: ASX-listed Mercantile Investment Company has announced its intention to make a proportional off-market takeover bid for half of fellow-listed Bauxite Resources as part of a plan to put cash back in shareholders’ pocket after a decade of “failed” exploration efforts. In a letter to Bauxite Resources shareholders, Mercantile detailed its planned offer of 9c a share for one of every two shares it did not already control, saying the price represented a 14% increase on the last sale price of Bauxite Resources shares.
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