CAPITAL MARKETS

Iscor carve-up has Australian implications

SOUTH Africa’s troubled Iscor Ltd has been set up for a major overhaul after an historic vote by shareholders to permit the splitting of the business into a number of separate operating units.

Tim Treadgold

The move could dramatically effect Iscor’s extensive portfolio of investments in Australia, including controlling shareholdings in the titanium minerals producer, Ticor, the explorer and budding nickel...

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