Tuesday, August 28, 2012

Shares of Australia s BC Iron and its second-biggest shareholder Regent Pacific Group were placed on




Shares of Australia s BC Iron and its second-biggest shareholder Regent Pacific Group were placed on trading kauai hotel reviews halts on Wednesday a method of calculating supporting structure for vibrating screens mid speculation Hong Kong-based Regent kauai hotel reviews will make a $300 million kauai hotel reviews takeover bid for the iron ore miner. BC Iron halted trading kauai hotel reviews in its shares pending an announcement about a corporate transaction while Regent Pacific s Hong Kong-listed shares were suspended pending an announcement related to a very substantial acquisition of the company .
While initial market speculation earlier focused on BC Iron s joint venture partner Fortescue Metals as a potential bidder, a source involved in the process said the deal concerned another company. Regent Pacific owns a 19.87 percent stake in BC Iron, according to Thomson Reuters data. Australian miner Consolidated Minerals is the biggest shareholder with a 21 percent stake. BC Iron is just now starting kauai hotel reviews to get into production, so the timing for a takeover kauai hotel reviews is obvious, said Eagle Mining analyst Keith Goode. The outlook for iron ore is bright and there are very few players to prey on, hence the interest in BC Iron, Goode said.

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