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ACCC clears way for WMC takeover

THE Australian Competition and Consumer Commission (ACCC) said has given its tick of approval to the proposed $9.2 billion acquisition of WMC Resources by BHP Billiton.

Jesse Riseborough
ACCC clears way for WMC takeover

In handing down its approval of the proposed takeover the ACCC considered the operational overlaps of the two companies, namely the production of copper, nickel, cobalt, gold and silver, and decided the...

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