MinRes bows out of Atlas fight

MINERAL Resources will not match Hancock Prospecting’s A$390 million takeover offer for Atlas Iron.

MinRes bows out of Atlas fight MinRes bows out of Atlas fight MinRes bows out of Atlas fight MinRes bows out of Atlas fight MinRes bows out of Atlas fight

On Monday, Redstone Corporation, a subsidiary of Gina Rinehart's Hancock, lodged a bidder's statement for the unconditional 4.2c per share cash offer after acquiring 19.96% of Atlas last week.

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