Satori cashes in on China’s appetite for Australian assets

The Shanghai-based firm is advising Aurizon on its joint bid with China’s Baosteel for iron ore and coal miner Aquila Resources.

While boutique China-based advisory firm Satori Investments has clinched the role of Aurizon’s lead adviser on the $1.4 billion takeover offer for Aquila Resources, a deal led by China steel giant Baosteel, it is not thumping its chest.

Satori’s executive chairman Paul Glasson is keen to stress his Shanghai firm is working with Aurizon’s other investment banking adviser UBS.

“We’re working as a team,” Mr Glasson told Data Room in an interview.

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