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Aquila's pay day

HAVING sealed its $A285.6 million investment deal with coal and iron play Aquila Resources, Baosteel now owns 19.99% of the company.

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Aquila's pay day

Aquila finalised the agreement this afternoon, placing 43.95 million shares to the Chinese steelmaker at $6.50 per share. “The company now looks forward to developing its relationship with Baosteel to...

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