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BRIEF-Lynas Corp Says Co Not To Engage With Wesfarmers On "Highly Conditional" Takeover Proposal

March 27 (Reuters) - Lynas Corporation Ltd:

* BOARD CONCLUDED THAT IT WILL NOT ENGAGE WITH WESFARMERS ON TERMS OUTLINED IN INDICATIVE AND HIGHLY CONDITIONAL PROPOSAL

* LYNAS BOARD HAS EVALUATED INDICATIVE NON-BINDING HIGHLY CONDITIONAL PROPOSAL Source text: http://bit.ly/2OsxDJI Further company coverage: