Australia's OneSteel says to raise capital

Wed Apr 15, 2009 11:59pm BST
 
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SYDNEY, April 16 (Reuters) - OneSteel Ltd (OST.AX), Australia's second-largest steelmaker, will commence a capital raising involving retail and institutional investors on Thursday, the company said in a statement.

Trading in its shares remained on halt pending an announcement on the outcome of the capital raising. (Reporting by Mette Fraende)

 

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