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EMAIL LIMITED (EML)

Delisted NZX 20/03/2001

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delisted following the takeover by Smorgon Distribution Ltd

20/03/2001

we understand Smorgon Steel and One Steel made a joint cash bid at A$3 a share for Email after Smorgon had initially bid A$2.89 a share - the bid was conditional on the sale of the appliances division which we believe was sold to Electrolux for A$485 million

20/03/2001

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