Pallinghurst secures 75% acceptances for Gemfields takeover

June 27, 2017

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JSE-listed Pallinghurst has now garnered acceptances for 75.18% of shares in takeover target, Aim-listed miner Gemfields. Pallinghurst CEO Arne Frandsen noted that the company was “delighted” to have received more than 75% support from Gemfields’ shareholders, including the majority of Gemfields’ minority shareholders.

Category: General