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MG in London buys Billiton Metals

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(D,UK) - MG Ltd., the London subsidiary of the Frankfurt-based Metallgesellschaft AG (mg) will acquire all the shares of Billiton Metals Ltd., also in London. Billiton is a specialist for raw-material brokerage. In return, the parent company, Billiton plc will receive 12.3 per cent of MG Ltd. and will be represented ...

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