Fortescue Metals Group chairman Andrew Forrest has acquired an indirect interest in a further 4.5 million shares costing $26.8 million, after his acquisition of an interest in 5.1 million shares reported last week. This is part of an arrangement where The Metals Group, a private entity controlled by Mr Forrest, has provided financial assistance to allow certain senior executives of FMG to purchase the company’s shares on-market. Mr Forrest’s direct and indirect interest in the WA iron ore miner now stands at 974 million shares worth $5.9 billion.
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