Tag Archives: Xstrata/Glencore

Fortescue’s future uncertain after Twiggy’s failed debt financing

Michael Sainsbury Fortescue Metals Group’s share price is down again — and there is no relief in sight. The sheer ineptitude of Fortescue Metals Group — ably advised by Swiss investment bank Credit Suisse, it’s well worth noting — failing not once, but twice, in two weeks to tap the markets for US$2.3 billion not only beggars belief, but raises serious

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