Original article by Sarah-Jane Tasker
The Australian – Page: 19-20 : 26-Jun-14

The takeover of Aquila Resources by Baosteel and Aurizon will proceed after one of the co-founders supported the $A1.4 billion deal. Charles Bass has decided to sell his 10.7 per cent stake in the absence of a superior offer. Co-founder Tony Poli has already committed his holding of nearly 30 per cent. With its own stake of 20 per cent, Baosteel now has an interest of nearly 60 per cent. Poli has advised shareholders to wait until 3 July 2014 in case there is a superior offer

CORPORATES
AQUILA RESOURCES LIMITED – ASX AQA, AURIZON HOLDINGS LIMITED – ASX AZJ, SHANGHAI BAOSTEEL GROUP CORPORATION, MINERAL RESOURCES LIMITED – ASX MIN