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ILUKA RESOURCES LIMITED — M&A Activity 2014
Jun 25, 2014
65116_rns_2014-06-25_10c6f29c-c663-4b9d-bf34-62415bc2d0b1.pdf
M&A Activity
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Australian Securities Exchange Notice
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26 June 2014
RESPONSE TO MEDIA SPECULATION REGARDING KENMARE
Iluka Resources Limited (Iluka) notes the recent UK media speculation regarding a potential combination of Iluka and Kenmare Resources Plc (Kenmare). In accordance with its continuous disclosure obligations, Iluka confirms that it has made an approach to Kenmare in relation to a potential combination, which may be implemented by way of an offer for Kenmare. There is no certainty that any transaction will be progressed or, in particular, that an offer will be made, or as to the terms on which an offer may be made if forthcoming.
Iluka’s assessment of a potential transaction involving Kenmare is consistent with Iluka’s strategy of assessing various mineral sands opportunities, and exploring transactions where financial merit and strategic rationale may exist.
A further announcement will be made if and when appropriate.
Investment market and media inquiries:
Dr Robert Porter General Manager, Investor Relations Phone: + 61 (0) 3 9225 5008 Mobile: +61 (0) 407 391 829 Email: [email protected]
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Iluka Resources Limited • ABN 34 008 675 018 • Level 23 140 St Georges Terrace Perth WA 6000 GPO Box U1988 Perth WA 6845 • T +61 8 9360 4700 • F +61 8 9360 4777 • www.iluka.com