13.08.2009 - Fortescue declines to confirm $US1b China deal
From Businessday.com.au: Fortescue Metals Group says it is in talks about financing its iron ore expansion plans but declined to confirm that it is in advanced discussions with China Investment Corp (CIC) to sell convertible bonds worth about $US1 billion ($1.2 billion). A spokesman the iron ore miner said Fortescue was ''always in talks'' but did not confirm whether news reports about CIC were correct.............Full Article: Source
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