While Fortescue has fielded many approaches for its assets in the past year, with speculation centring on its vast infrastructure network, it’s understood management has been in negotiations recently with a Chinese player for a 20 per cent stake in Chichester, with a proposal set to be submitted to the board.
Macquarie is expected to spearhead any sale with Baosteel Group widely touted as a logical suitor.
While Fortescue has fielded many approaches for its assets in...
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$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
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| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
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