UK's Kenmare Resources rises on takeover bid from IRH
BUZZ-UK's Kenmare Resources rises on takeover bid from IRH ** Shares of titanium minerals miner Kenmare Resources KMR.L up 20.5% at 218.5p, highest since june, on track for best day since march 2025
** Co confirms it has received a non-binding proposal from International Resources Holdings RSC Ltd for a possible cash offer** IRH must announce firm offer intention or walk by Nov 17
** Stock fell 24% so far this year, as of last close
(Reporting by Jahanvi Kothari in Bengaluru)
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