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Golden West Surges, Wesfarmers Refinances |
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Author: 123jump.com Staff
123jump.com
Last Update: 5:07 PM EDT April 04 2008
Tax authorities in Australia have disputed $317 million in tax relief to BHP. The mining company intends to defend its position in the dispute involving a plant in Venezuela. Separately, Wesfarmers raised $710 million in the U.S. to refinance its short-term loans to acquire Coles Group. Portman, third largest iron ore exporter from Australia, acquired 10% stake in Golden West Resources to fend off an offer from Fairstar. |
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