NORTHERN iron Ltd has rejected a takeover proposal from India's diversified Aditya Birla Group (ABG), which valued the Norway-focused and ASX-listed iron-ore producer at as much as A$477 million (US$472 million).The company said ABG had made a "highly conditional" non-binding bid of between A$ 1.23-A$1.29/share, with one of the requirements being that ABG acquire all outstanding stock in the target firm.
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机译：NORTHERN Iron Ltd拒绝了印度多元化企业Aditya Birla Group（ABG）的收购建议，该公司对这家以挪威为重点并在ASX上市的铁矿石生产商的估值高达4.77亿澳元（4.72亿美元）。提出每股1.23至1.29澳元的“高条件”非约束性要约，其中一项要求是ABG收购目标公司的所有流通股。
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