June 7 (Reuters) - Iron ore miner Fortescue Metals Group (FMG)...

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    June 7 (Reuters) - Iron ore miner Fortescue Metals Group (FMG) said on Thursday it would buy a 15 percent stake in Atlas Iron Ltd (AGO) for A$55.7 million ($42.63 million).

    Including a cash settled swap, Fortescue will have a total interest of 19.9 percent in Atlas Iron's ordinary shares. Fortescue will buy the stake at A$0.04 per share. ($1 = 1.3065 Australian dollars)

 
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