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Northern Iron fined over disclosure

NORTHERN Iron has paid a $A66,000 penalty after the Australian Securities and Investments Commission issued an infringement over continuous disclosure.

Kristie Batten
Northern Iron fined over disclosure

The alleged disclosure breach related to a takeover bid from Aditya Birla Group subsidiary Essel Mining & Industries in May. Essel made a confidential and non-binding offer on May 1, but by May 10...

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