CCD 0.00% $1.73 caledon resources plc

The Essar group is in advanced talks to acquire......., for up...

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    The Essar group is in advanced talks to acquire......., for up to $1 billion.

    Anyone care to comment on this? Can this possibly be true? According to the Caledon website there are only 210 million shares issued.
 
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Currently unlisted public company.

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