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Tully takeover finally on table

MACKAY Sugar formally announced its takeover bid for Tully Sugar yesterday after a meeting of shareholders removed a major...

mackay sugar takeover tully

19th May 2011 2:05 AM

Mackay Sugar tabled an offer of $41 a share yesterday in its bid to take over Tully Sugar in the face of stiff global competition. It will be some weeks before a final decision is made.