Australia’s Atlas Iron gets $290 million bid from Hancock Prospecting Unit

Atlas Iron Ltd said on Monday it received a A$389.7 million ($290.0 million) offer from a unit of Australian billionaire Gina Rinehart’s Hancock Prospecting, potentially setting off a three-way struggle for the iron ore miner.

Read more at Australia’s Atlas Iron Gets $290 Million Bid From Hancock Prospecting Unit.

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