DataRoom AM: Aquila go-ahead

Baosteel and Aurizon’s joint bid for Aquila looks set to win out as Mineral Resources retreats, while Solomon Lew’s DJs share grows more intimidating by the day.

The Baosteel bid for Aquila Resources, on its deathbed just two days ago, is now set to succeed after Aquila failed to come to terms with rival suitor Mineral Resources.

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