FMG 1.96% $17.97 fortescue ltd

south china morning post cic interested in fmg, page-11

  1. 3,271 Posts.
    Nice, FMG debt free company anyone....:)

    CIC Resumes Talks to Buy Stake in Fortescue, Morning Post

    Nov. 17 (Bloomberg) -- China Investment Corp., the country's $200 billion sovereign wealth fund, has restarted talks to acquire a stake in Australia's Fortescue Metals Group Ltd., the South China Morning Post said, citing people it didn't identify.

    CIC may bring in Baosteel Group Corp. and China Shenhua Energy Co. as partners to invest in the iron ore producer, the newspaper reported today. The sovereign wealth fund and Fortescue both declined to comment, while Baosteel and China Shenhua were unavailable for comment, the Morning Post said.
 
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Last
$17.97
Change
-0.360(1.96%)
Mkt cap ! $55.32B
Open High Low Value Volume
$18.10 $18.28 $17.97 $250.7M 13.82M

Buyers (Bids)

No. Vol. Price($)
7 104054 $17.96
 

Sellers (Offers)

Price($) Vol. No.
$18.07 4370 1
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