Cliffs Natural Resources Inc. Receives Clearance from Chinese Ministry of Commerce to Proceed with Consolidated Thompson Iron Mines Limited Acquisition
Tuesday, 10 May 2011 10:57
Cliffs Natural Resources Inc. announced that the Chinese Ministry of Commerce (MOFCOM) has cleared Cliffs' proposed acquisition of Consolidated Thompson Iron Mines Limited.
MOFCOM is the final regulatory agency whose approval was necessary to proceed with the closing of the acquisition of Consolidated Thompson. Subject to certain other closing conditions, Cliffs anticipates closing the acquisition on May 12, 2011.