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Cliffs takeover of Portman nearly complete

CLIFFS Natural Resources' takeover of Australia's fourth-largest iron ore miner, Portman, is almo...

Kristie Batten
Cliffs takeover of Portman nearly complete

Until yesterday, Cliffs already had a 96.87% interest in Portman, but signalled last week it was keen to complete the acquisition. However, the purchase of a further 4 million shares in the Perth-based...

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