Metorex Rises As New Party Eyes Buyout

Business Day reported that an additional expression of interest to buy Metorex (JNB:MEMTX) has pushed the company’s share prices up.

The market news is quoted as saying:

Metorex’s shares closed 5% higher at R7,66 on Friday after the company said it had “received an unsolicited, nonbinding expression of interest from a bona fide party to acquire the entire issued share capital of Metorex”.

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