26
Jun
01:00
Aquila founding shareholder signals acceptance of Baosteel bid.
The Baosteel Resources/Aurizon Operations consortium takeover of Western Australia-based Aquila Holdings moves ahead again this week with one of the target company’s major shareholders having confirmed his intention to accept the offer of A$3.40(US$3.20)/ordinary share. Aquila is an iron ore and coal exploration company with an iron ore development project in the western Pilbara, as previously reported by Kallanish.
Charles Bass, a co-founder of Aquila…
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Anonymous
Very good overview of the weekly steel market.
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