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Corporate Vultures Take Fresh Aim at Rio Zim
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Corporate Vultures Take Fresh Aim at Rio Zim
A fresh storm is brewing around RioZim, with corporate raiders circling the resurgent diversified miner in what analysts say could be a calculated push to force distress and rip-off asset value through a controversial corporate rescue process. The renewed pressure follows a fresh application filed at the High Court’s Commercial Division by a shareholder seeking to place the company under corporate rescue—just four months after the High Court of …
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