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Blossomvale takes bigger stake in Neptune

BLOSSOMVALE'S takeover bid of Neptune Marine Services has closed with the company taking a larger...

Bianca Bartucciotto

The company has an 86.81% stake in Neptune, up from the 84.34% stake it held before the placement. Blossomvale failed to make the 90% shareholding, which would have resulted in a compulsory acquisition...

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