AGO
Director Trades
| Date | Director | Value |
|---|
Company News
Gina Rinehart winning the race for Atlas Iron with $390m takeover bid
Australia’s richest woman Gina Rinehart has taken a commanding lead in the race for junior miner Atlas Iron (ASX: AGO), launching a fresh takeover bid of 4.2c a share. The A$390 million bid trumps an earlier all-scrip A$280 million bid by Mineral Resources (ASX: MIN), with investors much more likely to go for a cash […]
Gina Rinehart vs Andrew Forrest: battle of the iron ore billionaires puts Atlas in play
Billionaires Andrew “Twiggy’’ Forrest and Gina Rinehart have both emerged with strategic stakes in Atlas Iron (ASX: AGO), effectively scuppering a $300 million takeover deal by Mineral Resources (ASX: MIN). Since picking up a 19.9 per cent stake in Atlas through his iron ore miner Fortescue Metals (ASX: FMG), Mr Forrest has already said that […]
Atlas Iron welcomes Mineral Resources’ takeover advances
As merger and acquisition activity begins to heat up, Mineral Resources (ASX: MIN) has made a takeover play for Atlas Iron (ASX: AGO), which values Atlas at a 59% premium to its closing price on 4 April. The parties announced this morning that they had executed a binding scheme implementation deed, where Mineral Resources will […]
Atlas to benefit from Pilbara Minerals’ Pilgangoora lithium following export agreement with Sinosteel
Atlas Iron (ASX: AGO) has edged further into the lithium space after signing an agreement to export Pilbara Minerals’ (ASX: PLS) Pilgangoora lithium as direct shipping ore to Sinosteel Australia. Acting as the middle-man, the agreement allows Atlas to purchase the ore from Pilbara Minerals and export up to 1.5 million tonnes of lithium DSO […]
Company Videos
No videos found.