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Citic's Biosensors talks 'very preliminary'

Slight pullback of stock shows stent maker still on takeover watch
Thursday, February 20, 2014 - 06:00

THE market kept Biosensors International Group on takeover watch yesterday even as it surfaced that talks, if any, about a privatisation bid for the medical device maker were at best "very preliminary". The stock of Biosensors, which on Tuesday shot up 14 per cent to 99.5 cents on takeover

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