FMG 0.00% $20.35 fortescue ltd

dj china wealth fund shenhua in talks for fmg, page-4

  1. cya
    3,836 Posts.
    BHP trys to take over RIO, Chinese get nervous and take a blocking position and then buy Twiggys stake at a really good price. Government sees it as a smaller chicken than RIO or BHP and allows it. Chinese feel more secure cause they get direct access to FMG resources, why wouldn't the Chinese do it ?
 
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