LCY 0.00% 1.3¢ legacy iron ore limited

nmdc upbeat on deal

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    State-owned NMDC, which has put in a bid to acquire 50% holding in Australian exploration firm Legacy Iron Ore, is expecting to get a favourable decision by tomorrow.

    "We are expecting an announcement by the Legacy board, recommending our offer to shareholders, on Wednesday," an NMDC official said.

    http://www.business-standard.com/india/news/decisionnmdcs-50-buy-in-legacy-tomorrow/147138/on
 
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