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BRIEF-Sedgman says board recommends shareholders take no action in relation to takeover offer from Cimic Group Investments

Published 13/01/2016, 10:50 am
© Reuters.  BRIEF-Sedgman says board recommends shareholders take no action in relation to takeover offer from Cimic Group Investments
SDM
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Jan 13 (Reuters) - Sedgman Ltd SDM.AX :

* Refers to the proposed takeover offer from the company's largest shareholder, Cimic Group Investments Pty Ltd

* Sedgman board recommends that shareholders take no action in relation to their shares or the offer

* Says company has appointed Citi as its financial advisor and Norton rose fulbright as its legal advisor.

* Source text for Eikon ID:nASX407ZpN

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