Forrest rebuff over Rinehart bid

Original article by Brad Thompson
The Australian Financial Review – Page: 17 : 3-Jul-18

The Takeovers Panel has declined to conduct proceedings in relation to Gina Rinehart’s $A390 million offmarket bid for Atlas Iron. NCZ Investments, a unit of Andrew Forrest’s Fortescue Metals, sought to restrain Rinehart’s bid, which is being conducted through Hancock Prospecting subsidiary Redstone, in the week ending 29 June.

CORPORATES
AUSTRALIA. TAKEOVERS PANEL, ATLAS IRON LIMITED – ASX AGO, NCZ INVESTMENTS, FORTESCUE METALS GROUP LIMITED – ASX FMG, REDSTONE CORPORATION PTY LTD

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