AGO 0.00% 4.5¢ atlas iron limited

sorry longer than a week 20th JuneQUOTE"Fortescue, the world's...

  1. 403 Posts.
    sorry longer than a week 20th June

    QUOTE
    "Fortescue, the world's fourth-largest iron ore producer by output, said it would miss a deadline to conclude a sale of a minority stake in its The Pilbara Infrastructure unit by the end of the month as it deepened talks with a shortlist of investors.

    "The level of interest generated has necessitated a longer period of evaluation than previously contemplated," the company said in a statement today.

    Although negotiations over selling a stake in its infrastructure were "substantially advanced", Fortescue said the outcome would now likely be known between July and September."
 
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