Lionsgate Australia makes a takeover bid for Magna Pacific

By 2007-02-01T10:41:00

Macquarie Private Portfolio Management Limited, the largest institutional shareholder in Magna Pacific, yesterday indicated that it would accept Lionsgate's takeover offer for its 12.1m shares, which represents 11.23% of the ordinary shares. Lionsgate has also acquired some additional shares through market purchases.

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