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CIMIC (ASX:CIM) takeover offer sends Devine share price soaring

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The share price of Australian residential developer Devine Limited (ASX: DVN) has skyrocketed on a takeover bid from CIMIC Group Ltd (ASX: CIM) this morning.

At the time of writing, the Devine share price is 98.8% higher to 23.5 cents a share. However,…



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