CAPITAL MARKETS

Cape Lambert, Power sort out their differences

THE stoush between Cape Lambert and one of its largest shareholders, Power United, has come to an abrupt and seemingly cordial end today after what Cape Lambert says were “extensive” negotiations.

Kate Haycock
Cape Lambert, Power sort out their differences

The surprise détente between Cape Lambert and Power – which owns an 11.49% stake in the iron junior – comes despite Power claiming Cape Lambert’s board needed to be ousted and the company’s decision to...

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