Atlas Iron Limited Stock Market Press Releases and Company Profile  Ferraus Limited Stock Market Press Releases and Company Profile

View in Other Languages Atlas Iron Limited (ASX:AGO) Reaches 97.73% Interest In Ferraus (ASX:FRS) And Intends To Commence Compulsory Acquisition Atlas Iron Limited (ASX:AGO)所持Ferraus (ASX:FRS)权益达到97.73%,计划开始强制收购 Atlas Iron Limited (ASX:AGO)所持Ferraus (ASX:FRS)權益達到97.73%,計劃開始強制收購 
Atlas Iron Limited (ASX:AGO) Reaches 97.73% Interest In Ferraus (ASX:FRS) And Intends To Commence Compulsory Acquisition
Atlas Iron Limited (ASX:AGO) Reaches 97.73% Interest In Ferraus (ASX:FRS) And Intends To Commence Compulsory Acquisition

Sydney, Oct 6, 2011 AEST (ABN Newswire) - Please be advised that as of the Offer Close Date at 5.00pm AWST on Wednesday, 5 October 2011, Atlas Iron Limited (googlechartASX:AGO) has received acceptances for its off-market takeover bid for FerrAus (googlechartASX:FRS) which entitles Atlas to a relevant interest in 97.73% of FerrAus ordinary shares.

Compulsory Acquisition Consideration

FerrAus shareholders whose acceptances were not received by the Offer Close Date will have their shareholdings compulsorily acquired and will receive the same consideration as Atlas' off-market takeover bid for FerrAus, being one (1) Atlas share in consideration for every four (4) FerrAus shares.

Advisors

Atlas' financial advisor in respect of its off-market takeover bid for FerrAus is Hartleys Limited and its legal advisor is Blake Dawson.

About Atlas Iron Limited

Atlas Iron ASX:AGOAtlas Iron Limited (ASX:AGO) is an independent Australian iron ore company, mining and exporting Direct Shipping Ore (DSO) from its operations in the Northern Pilbara region of Western Australia. Since listing on the ASX in late 2004, Atlas has grown rapidly and is now a member of the ASX100 index.

abnnewswire.com 


Contact

Tony Walsh
Company Secretary
Atlas Iron Limited
Tel: +61-8-9476-7900



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 29) (Last 30 Days: 103) (Since Published: 11223) 

View in Other Languages 11223109309673 (31826)

googlechart