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Updated: 1 hour 37 min ago

CBH shares halt trading amid takeover talks

Sat, 01/09/2010 - 08:34

Shares in CBH Resources, the zinc and lead producer, suspended trading on Friday amid speculation that the miner could soon announce a deal with rival Perilya Ltd.

CBH Resources informed the Australian stock exchange it had pursued confidential talks with several parties over the potential deal.

However, the group added, "All these discussions are incomplete and are insufficiently definite to warrant disclosure."

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