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AUSTRALIA

Acer weighs increased Drillsearch bid

BLINDSIDED by Drillsearch's sweetened takeover offer yesterday, the board of Acer Energy has told...

Andy Graham

Drillsearch told the ASX yesterday it had increased its offer from 25.5c to 28.5c cash per share, but only if it gets at least 40% of Acer. "This means Acer shareholders will receive payment within five...

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