SINOSTEEL DECLARES BID FOR AUSTRALIA'S MIDWEST UNCONDITIONAL.
Publication: AsiaPulse News
Publication Date: 30-MAY-08
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PERTH, May 30 Asia Pulse - Chinese steel maker Sinosteel Corporation (SSE: 002057) has declared its $A1.36 billion ($US1.3 billion) takeover offer for iron ore miner Midwest Corporation Ltd (ASX:MIS) unconditional.
Sinosteel has undertaken to pay Midwest shareholders $A6.38 ($US6.09) cash per share even if they have already accepted...
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