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Australia's Arrium Tumbles After $1.2 Billion Takeover Approach Pulled

November 01, 2012

Shares in Australia's Arrium fell as much as 15 percent on Thursday after a consortium including POSCO and Noble Group dropped their A$1.2 billion takeover approach for the steel and iron ore company after being rejected by the board.

Source: http://www.cnbc.com/id/49631902?__source=RSS*tag*&par=RSS
 
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