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  Rio Tinto takeover of North Limited  
 
  A highlight for the Corporate Advisory and Institutional Stockbroking Group was advising Rio Tinto on its $3.5 billion takeover of North Limited, enabling Rio Tinto to acquire iron ore holdings in the Hamersley region in Western Australia. Along with the Mergers and Acquisitions (M&A) Division, Macquarie Equities played an instrumental role in the transaction, completing one of the largest hostile pre-bid stakes in the domestic market by acquiring 15 per cent of North for Rio Tinto.  
 
  This transaction demonstrates the Group’s cross-Divisional industry focus. The successful Resources team maintained its number one ranking for completed Australian Resource M&A deals and number two ranking for completed Global Mining M&A deals, from Thompson Financial 2000.  
 
   
 
   
 
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