November 1992 News | CashAdvanceLoans.com.au

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Cash Advance Loans News

Farrow Relied Too Heavily On 12 Main Borrowers, Says Report

Friday November 27, 1992

Losses by the Farrow group are expected to exceed $1 billion. reports on the main causes. A telling factor in the Farrow group's demise was its reliance on a core of 12groups of related ``individual and corporate borrowers" who accounted for loans of $565million _ more than 20per cent of the

Minorco Picking Up Bp Loans To Wmc

Friday November 6, 1992

The South African-controlled mining giant Minorco is paying $US240 million ($A344.4 million) for BP's equity stake in the massive Olympic Dam copper-uranium mine, and an additional $US216 million for loans made to Western Mining by BP, according to an internal Minorco document. It also showed th

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