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ENRC will not make formal bid for rival Kazakhmys
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Reuters UK
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May 13, 2008
(Reuters) - Mining group ENRC (ENRC.L: Quote, Profile, Research) ended two months of considering a takeover of Kazakh rival Kazakhmys (KAZ.L: Quote, Profile, Research), saying it would not make a formal bid ahead of a Friday deadline imposed by regulators. Kazakhmys said on Tuesday it was relieved t...
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