CAPITAL MARKETS

IMF backs claim on Centrex deal

CENTREX Metals' "company-making" deal with Chinese steelmaker Wuhan Iron & Steel has run into trouble only a day after it was formally signed, with litigation funder IMF announcing today it is backing the claim of an Adelaide consultancy against the Australian iron ore company.

Nick Evans
IMF backs claim on Centrex deal

IMF said today it will fund legal action against Centrex launched by Kimberley Global, the consulting firm which claims it introduced the two companies and is owed commissions for helping broker the deal....

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