This is on business spectator who are normally on the money.
CBH Resources, Perilya, Nyrstar
All eyes will be on zinc and lead producer CBH Resources this morning, which is expected to release details of a takeover proposal it has received. While it was thought a deal with rival Perilya would be on the cards, other talk suggests one of the worlds largest zinc metal producers, Nyrstar, could be behind an full takeover plan. Nyrstar, formed in 2007 from a merger between Umicore and Zinifex, and has wholly-owned operations in Hobart and Port Pirie as well as some joint ventures. After its share price surged 26 per cent yesterday against a drop of 0.4 on the benchmark index, CBH responded to a speeding ticket saying it was in incomplete discussions in respect of transactions
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