Australia's S&P/ASX 200 Little Changed; News Corp. Gains, Fortescue Drops

(Bloomberg) -- Australia's S&P/ASX 200 Index was
little changed. News Corp. gained on optimism it is closer to
concluding a $5 billion takeover offer for Dow Jones & Co.

Coles Group Ltd. rose on a report larger rival Woolworths
Ltd. is preparing to bid for its general merchandise assets.
Fortescue Metals Group Ltd. fell after it raised the cost estimate
of building an iron ore mine.


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