13/06/2014 - 15:04

Aquila shares slip as Baosteel shuns higher bid

13/06/2014 - 15:04


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In the latest twist for takeover target Aquila Resources, suitor Baosteel said it would not increase its $1.4 billion offer for the iron ore developer and that it would reconsider its 20 per cent shareholding in the company if the bid was unsuccessful.

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