BREAKFAST DEALS: Arrium's nerves of steel

Steelmakers Australia looks to push for talks with Arrium but the target wants a higher price, while Echo's chair gets vocal on a second Sydney license.

Steelmakers Australia looks like it’s keen to get talking to Arrium and has written to chairman Peter Smedley to spruik its financing capacity. But the target is looking for a higher price and, so far, one isn’t forthcoming. Echo Entertainment chairman John O’Neill says his company has expanding plans for Sydney if James Packer goes his own way to Barangaroo. Meanwhile, Telstra has joined the NBN consolidation race, Whitehaven Coal has quickly relented to Nathan Tinkler’s aggression and Ingham Enterprises is reportedly hoping for a sale by Christmas.

Arrium, Steelmakers Australia


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles