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	<title>Financial Standard Comments - Pacific Hydro instructs shareholders on IFM bid</title>
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Pacific Hydro has released Ernst & Young's independent expert report on Industry Funds Management (IFM) $5 per share bid for the group and its target statement unanimously recommending shareholders accept the bid.
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	<link>https://www.financialstandard.com.au/feed/latest?story=23126</link>
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	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
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