CAPITAL MARKETS

News Wrap

IN THIS morning’s <i>News Wrap:</i> Contrarian swoops on Arrium stock to up stake further; Cliffs says Koolyanobbing mine is profitable; and Alinta confirms TPG Capital looking at sale.

Lau Caruana

Contrarian swoops on Arrium stock to up stake further Contrarian fund manager Allan Gray has seized on the mass sell-off of Arrium stock, snapping up a 5% stake in the steelmaker while most investors...

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