AUSTRALIA

Apache snares Burrup share

APACHE Energy has paid the ANZ Bank $US439 million for a 49% stake in Burrup Holdings Ltd, the owner of an ammonia fertiliser plant in the Burrup region of Western Australia.

Apache snares Burrup share

ANZ had taken control of the 65% stake in Burrup Holdings held by embattled fertiliser tycoon Pankaj Oswal. Norwegian fertiliser specialist Yara International had held the remaining 35% stake. It paid...

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