M&A

Aquila to be swallowed

BAOSTEEL Resources and Aurizon Holdings have reached more than a 90% interest in Aquila Resources and will move to compulsory acquisition.

Kristie Batten
Aquila to be swallowed

The bidders took just a week to get from 28% to 90% with shareholders prompted to accept the $A3.40 per share offer after Aquila founder and executive Tony Poli accepted the bid on Thursday for his 29%...

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