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Citic's Biosensors talks 'very preliminary'

Slight pullback of stock shows stent maker still on takeover watch

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...