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Smorgon Extends Bid For Email

For the sixth time, Smorgon has extended, to the 3rd of October, its cash & scrip bid for Email Ltd.

The extension was made amid speculation that it's close to announcing another revised offer, subject to the whitegoods division being sold to Electrolux.

Smorgon will report its full year profit today, expected to be in the area of $70 million to $75 million.

5/09/2000 12:00 AM
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