AGO atlas iron limited
Add to My Watchlist 0.00% ! 4.5¢

June 8 (Reuters) - Iron ore miner Atlas Iron Ltd (AGO) on...

  1. Hot News
    193,698 Posts.
    lightbulb Created with Sketch. 2825
    clock Created with Sketch.
    08/06/18
    15:50
    Post #: 33600820

    June 8 (Reuters) - Iron ore miner Atlas Iron Ltd (AGO) on Friday said Mineral Resources Ltd. (MIN) had agreed to allow it to hold talks with other buyers.

    The change in deal terms comes a day after Fortescue Metals Group (FMG) said it had built up a stake of 19.9 percent in Atlas, large enough to block a takeover by Mineral Resources.

    In April, Australian mining infrastructure group Mineral Resources had agreed to buy Atlas Iron via a scheme of arrangement that valued it at A$280 million ($213 million). ($1=A$1.3141)

    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Gateway acquires interest in strategic Glenburgh South Gold Project in WA
right-arrow Created with Sketch.
NEWS Ausgold set to commence extensive multi-rig drilling campaign at Katanning
right-arrow Created with Sketch.
NEWS Cells protected by Xolatryp through mitochondrial stabilisation
right-arrow Created with Sketch.
NEWS Locksley significantly enlarges exploration program after historical discovery
right-arrow Created with Sketch.
NEWS Where the Australian property market resurgence is heading and why it matters now
right-arrow Created with Sketch.
NEWS CLEO receives positive FDA feedback supporting ovarian cancer test pathway
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.