Glencore Becomes Substantial Holder of Atlas Iron Stock
May 08 2016 - 10:00PM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--Glencore PLC (GLEN.LN) has become a substantial holder
of shares in Australia's Atlas Iron Ltd. (AGO.AU), according to a
regulatory filing.
According to the filing, Glencore-controlled Maru Sky Ltd. now
has an 8.5% stake in the company, which has been struggling to stay
afloat amid a sharp downturn in world iron-ore markets.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
May 08, 2016 21:45 ET (01:45 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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