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Iron Ore Holdings Ltd updates on acquisition by BC Iron Ltd

Thursday, 18 Sep 2014 09:16pm EDT

Iron Ore Holdings Ltd:Provides general update on status of off-market takeover bid made by BC Iron Ltd for all of issued shares in Iron Ore Holdings, which was announced on Aug. 11.As at commencement of trading on Sept. 19, BC Iron had a relevant interest in 71.97 pct. of all Iron Ore Holdings shares.Further to IOH's largest shareholder (Australian Capital Equities – ACE) accepting offer last week, IOH can confirm that its second largest shareholder, Third Wave Investors Ltd, has also accepted offer.Iron Ore Holdings board therefore reaffirms its unanimous recommendation, in absence of superior proposal, that Iron Ore Holdings shareholders accept offer.

Iron Ore Holdings Ltd updates on acquisition by BC Iron Ltd

Thursday, 18 Sep 2014 09:16pm EDT

Iron Ore Holdings Ltd:Provides general update on status of off-market takeover bid made by BC Iron Ltd for all of issued shares in Iron Ore Holdings, which was announced on Aug. 11.As at commencement of trading on Sept. 19, BC Iron had a relevant interest in 71.97 pct. of all Iron Ore Holdings shares.Further to IOH's largest shareholder (Australian Capital Equities – ACE) accepting offer last week, IOH can confirm that its second largest shareholder, Third Wave Investors Ltd, has also accepted offer.Iron Ore Holdings board therefore reaffirms its unanimous recommendation, in absence of superior proposal, that Iron Ore Holdings shareholders accept offer.

Hiap Teck Venture Bhd 's subsidiary enters into subscription agreement with Vista Mining Sdn Bhd

Wednesday, 17 Sep 2014 08:00pm EDT

Hiap Teck Venture Bhd:Says Hiap Teck Resources Sdn Bhd (HTRSB), a subsidiary of the company, has entered into a subscription agreement with Vista Mining Sdn Bhd (Vista).For subscription of 55 pct of the issued and paid-up share capital in Vista for a total subscription price of 550,000 Ringgit.Consideration of the share subscription shall be paid by HTRSB to Vista within seven business days after the conditions precedent are fulfilled.Total subscription will be funded by internally generated funds of the company.

AK Steel completes acquisition of Severstal Dearborn

Tuesday, 16 Sep 2014 02:30pm EDT

AK Steel:Completes its acquisition of Severstal North America's integrated steelmaking assets located in Dearborn, Michigan.The transaction also included cokemaking facility and interests in three joint ventures that process flat-rolled steel products.AK Steel said that it paid $707 mln in cash for the acquisition, which includes $314 mln for working capital.The acquisition was financed with a combination of debt and equity securities offerings.The company will refer to its Dearborn, Michigan facility as Dearborn Works.

Steel Dynamics Inc completes acquisition of Severstal Columbus

Tuesday, 16 Sep 2014 02:30pm EDT

Steel Dynamics Inc:Completes acquisition of Severstal Columbus, LLC (Columbus), one of the newest and most technologically advanced mini-mills in North America.As previously announced, purchase price for Columbus was $1.625 bln in cash.

Nucor Corp To Acquire Gallatin Steel Co

Monday, 15 Sep 2014 08:30am EDT

Nucor Corp:Entered into an agreement to purchase all the equity of Gallatin Steel Co for a cash purchase price of about $770 million.

JSW Steel Ltd plans to acquire Lucchini SpA-Business Standard

Monday, 15 Sep 2014 07:20am EDT

JSW Steel Ltd:Is planning to acquire Lucchini SpA for less than $100 million and start operations in the current calendar year-Business Standard.

Ascot Resources Ltd announces extension of completion date for Wonmunna acquistion

Friday, 12 Sep 2014 05:28am EDT

Ascot Resources Ltd:Says Ochre Group Holdings Ltd (Ochre) and Ascot Resources Limited have agreed to extend time for completion under sale and purchase agreement (SPA) for Wonmunna Iron Ore Project (Project).Completion under SPA (which is unconditional) is expected to occur in week commencing Sept. 15.

Iron Ore Holdings Ltd updates on acquisition by BC Iron Limited

Thursday, 11 Sep 2014 08:00pm EDT

Iron Ore Holdings Ltd:Says that it has provided a general update on the status of the off-market takeover bid made by BC Iron Limited for all of the issued shares in IOH, which was announced on Aug. 11, 2014.Says that Australian Capital Equity Pty Limited through its subsidiary Wroxby Pty Ltd, accepting the Offer on Sept. 10, 2014.Says as at the commencement of trading on Sept. 11, BC Iron had a relevant interest in 59.50 pct. of all IOH shares.

Iron Ore Holdings Ltd updates on acquisition by BC Iron Limited

Thursday, 11 Sep 2014 08:00pm EDT

Iron Ore Holdings Ltd:Says that it has provided a general update on the status of the off-market takeover bid made by BC Iron Limited for all of the issued shares in IOH, which was announced on Aug. 11, 2014.Says that Australian Capital Equity Pty Limited through its subsidiary Wroxby Pty Ltd, accepting the Offer on Sept. 10, 2014.Says as at the commencement of trading on Sept. 11, BC Iron had a relevant interest in 59.50 pct. of all IOH shares.

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