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Baosteel may buy 15% stake in Aquila

By Ma Zhenhuan | 皇冠体育app Daily | Updated: 2009-08-29 08:12

Baosteel may buy 15% stake in Aquila

The stake purchase will help Baosteel become Aquila's second-largest shareholder. San Zi

SHANGHAI: Baosteel's plan to buy a minor stake in an Australian iron ore miner, would in no way impact the ongoing iron ore price negotiations, the steelmaker said on Friday.

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