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MinRes bows out of Atlas fight

Mineral Resources will not match Hancock Prospecting's A$390 million takeover offer for Atlas Iron

Kristie Batten
MinRes bows out of Atlas fight

On Monday, Redstone Corporation, a subsidiary of Gina Rinehart's Hancock, lodged a bidder's statement for the unconditional 4.2c per share cash offer after acquiring 19.96% of Atlas last week. Hancock...

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