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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