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Fortescue says talking to strategic investors

Sun Feb 3, 2008 9:24pm EST
 
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SYDNEY, Feb 4 (Reuters) - Australia's Fortescue Metals Group Ltd (FMG.AX: Quote, Profile, Research, Stock Buzz) said on Monday it has held talks with several potential investors, but none of the talks have reached a conclusion.

The South China Morning Post newspaper said on Monday that China Investment Corp, a US$200 billion sovereign wealth fund, and China Shenhua Group, China's largest coal mining firm, are in informal talks to buy a 15.85 percent stake in Fortescue. (Reporting by Jonathan Standing)

 

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