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Merrill Lynch takes Atlas stake

THE UK's Merrill Lynch Natural Resources fund has taken a 10% stake in Atlas Iron for $A3.82 mill...

Michael Vaughan
Merrill Lynch takes Atlas stake

Bell Potter Securities acted as lead manager for the placement of 8.5 million shares priced at 45c each, taking a 5% fee ($191,250) of the amount subscribed. The price of 45c is a 3.2% premium over the...

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