CAPITAL MARKETS

Valin-FMG deal gets Swan's blessing

TREASURER Wayne Swan has given Chinese steelmaker Hunan Valin Iron and Steel Group the green ligh...

Kate Haycock

After Friday's surprise decision on OZ Minerals, Swan's announcement that Valin was given the okay to buy its stake in FMG for $A1.3 billion will come as a relief to the iron ore miner. The buy-in is,...

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