The administrators of Arrium, Korda Mentha, say there are less than five possible bidders for the steelmaker and iron ore miner.
Korda Mentha said a handful of local and overseas firms have been shortlisted to buy Arrium with the sale hoped to be finalised by the end of January next year.
Arrium announced today it will sell its metal grinding subsidiary, Moly Cop, for just over $1.6 billion to US private equity firm, American Industrial Partners.
Moly Cop…
Read the full article at: http://www.abc.net.au/news/2016-11-04/arrium-administrators-say-less-than-five-possible-bidders/7997162
