CAPITAL MARKETS

Aquila slumps as Baosteel rules out higher offer

AQUILA Resources bidders Baosteel Resources and Aurizon Holdings have ruled out a higher bid in t...

Kristie Batten

Stating its desire to be involved in the development of Aquila’s $A7.4 billion West Pilbara iron ore project, MinRes this week purchased 50.2 million Aquila shares at $3.75 from M&G Investments in a block...

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