FMG ACQUIRES WAE

摘要

Fortescue Metals Group, one of the world's largest iron ore producers, is to acquire Williams Advanced Engineering in a deal valued at ￡164m. The transaction is intended to make FMG 'a major player' in the green industrial transport market and will see the companies work on projects that include Fortescue's 3km long freight trains, 400 tonne haul trucks and industrial heavy mobile equipment.