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ArcelorMittal, Peabody Get 59.85% in Macarthur Coal
the chinese state-owned investment group citic said it would accept the offer by peabody and arcelormittal to take control of australia's macarthur coal .
us coal giant peabody energy cleared the biggest hurdle to its long-running ambitions to buy australia's macarthur coal after the target's major shareholder , china's citic resources , backed its a$4.9 billion (hk$40 billion) bid .
china's citic group looks to have got a decent return on its investment in macarthur coal , following peabody energy's $5 billion takeover offer for the australian miner t for china inc. , however , it looks more like a bum deal .
china's citic group looks to have got a decent return on its investment in macarthur coal , following peabody energy's $5 billion takeover offer for the australian miner t for china inc. , however , it looks more like a bum deal .
coal miner peabody energy and steelmaker arcelormittal secured a 59.85% stake in australian coking-coal miner macarthur coal and as a result has made its takeover offer unconditional .
china's citic group looks to have got a decent return on its investment in macarthur coal , following peabody energy's $5 billion takeover offer for the australian miner t for china inc. , however , it looks more like a bum deal .
us coal giant peabody energy cleared the biggest hurdle to its long-running ambitions to buy australia's macarthur coal after the target's major shareholder , china's citic resources , backed its a$4.9 billion (hk$40 billion) bid .
us coal giant peabody energy cleared the biggest hurdle to its long-running ambitions to buy australia's macarthur coal after the target's major shareholder , china's citic resources , backed its a$4.9 billion (hk$40 billion) bid .
china's citic group looks to have got a decent return on its investment in macarthur coal , following peabody energy's $5 billion takeover offer for the australian miner t for china inc. , however , it looks more like a bum deal .
coal miner peabody energy and steelmaker arcelormittal secured a 59.85% stake in australian coking-coal miner macarthur coal and as a result has made its takeover offer unconditional .
us coal giant peabody energy cleared the biggest hurdle to its long-running ambitions to buy australia's macarthur coal after the target's major shareholder , china's citic resources , backed its a$4.9 billion (hk$40 billion) bid .
us coal giant peabody energy cleared the biggest hurdle to its long-running ambitions to buy australia's macarthur coal after the target's major shareholder , china's citic resources , backed its a$4.9 billion (hk$40 billion) bid .
coal miner peabody energy and steelmaker arcelormittal secured a 59.85% stake in australian coking-coal miner macarthur coal and as a result has made its takeover offer unconditional .
the chinese state-owned investment group citic said it would accept the offer by peabody and arcelormittal to take control of australia's macarthur coal .
the chinese state-owned investment group citic said it would accept the offer by peabody and arcelormittal to take control of australia's macarthur coal .
arcelormittal said tuesday in a surprise announcement that it has madecided to back out of its joint purchase of australian coal miner macarthur coal .
Generated 2011-11-6_1:15
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