30/07/2012 - 14:34

Swiss group makes rival bid for Northern Iron

30/07/2012 - 14:34

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Northern Iron says Aditya Birla has competition in its bid to take over the company, with Swiss-based trading house Prominvest AG unveiling a $525 million offer. Aditya upped its offer to $1.40 per share last week, valuing the target at $518 million.

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