From
http://www.reuters.com/article/companyNewsAndPR/idUSN1654060120071116
"We confirm that Sempra Commodities did sell its 4.65 percent in the Australian mining firm Allegiance," a company spokesman said.
Earlier this week, Allegiance stock leapt more than 6 percent on talk that Sempra sold its Allegiance stake at a premium to the market price, sparking speculation that another party was building up a stake for a takeover bid.
But Sempra's spokesman told Reuters on Friday that it sold its Allegiance stake into the equity market, not privately.
"In terms of the sale of the Allegiance shares, we sold them in the market. It was not a private sale," he said.
As to whether the shares were sold at a premium, the spokesman said the sale price was proprietary information."
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Some have had a bit of fun suggesting Bluetstone Tin (mlx) were the buyer (In order to try to ramp up Bluestones hideous reputation I suppose)
LETS GET BACK TO SENSIBLE POSTS.
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