Arrium rejects consortium’s unsolicited acquisition bid
Oct 01, 2012 | 03:56 PM
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Tags
Arrium,
Noble Group,
Posco,
Peter Smedley,
iron ore,
Daisy Tseng
SINGAPORE — Arrium Ltd. has rejected an Australian $1-billion ($1.03-billion) takeover bid by a consortium comprising Hong Kong’s Noble Group Ltd. and several South Korean institutions, including Pohang-based Posco....
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