CAPITAL MARKETS

FATA delay poses no risk to Midwest: Murchison

IRON ore aspirant Murchison Metals says its proposed merger with Midwest Corp remains untouched despite the Federal Government’s moves to delay China’s Sinosteel buying into Murchison.

Charlotte Dudley
FATA delay poses no risk to Midwest: Murchison

The Federal Government has issued an interim order under the Foreign Acquisitions and Takeovers Act (FATA) that prohibits Chinese state-owned Sinosteel’s bid to purchase a “substantial shareholding” and...

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