| 11th Mar |
Difference between minnows and whales in iron ore comes down to rail and ports SYDNEY MORNING HERALD | You have to love West Australian entrepreneurs. During an investor briefing held by iron ore junior, Atlas, on its takeover of the even smaller hopeful Aurox, the predator's chief executive David Flanagan was asked if he was confident that the target's principals (and largest investors) would vote in favour of the deal. He reckoned these Aurox blokes had already been to Riviera (the luxury boat outfit) to put in their orders. |
| 11th Mar |
Atlas-Aurox merger 'a bargain' THE AGE | ATLAS Iron is paying a huge takeover premium to secure control of Aurox Resources and the extra 10-12 million tonnes of iron ore export capacity it can deliver. But there is broad agreement it has got a bargain. |
| 11th Mar |
Atlas pays top dollar for potential SYDNEY MORNING HERALD | ATLAS IRON is paying one of the biggest ever takeover premiums to secure control of Aurox Resources and the 10 to -12 million tonnes of additional iron ore export capacity it can deliver. But there is broad agreement it has got a bargain. |
| 11th Mar |
Stocks break run of eight days of gains THE AGE | THE sharemarket closed flat after eight consecutive days of gains, as weaker mining stocks offset a stronger financial sector. |
| 11th Mar |
Briefs SYDNEY MORNING HERALD | BUILDING PRODUCTS |
| 11th Mar |
Investors are cold over NAB-AXA merger SYDNEY MORNING HERALD | Investors believe a merger between National Australia Bank and AXA would be bad for the country and reduce the number of investment products now available, a survey has found. |
| 11th Mar |
Investors believe a NAB-AXA merger would be bad for the country THE AGE | There is concern a tie-up would boost banks' power. |
| 11th Mar |
A smooth operator with an eye for detail THE AGE | The UBS chief likes to be thorough, writes Ian McIlwraith |