| - With these acceptances, PEAMCoal will control more than 49% of Macarthur Coal shares - Upon reaching 50.01% acceptances, PEAMCoal will obtain control of Macarthur - Offer price of A$16.00 per share to increase to A$16.25 per share if 90% compulsory acquisition threshold is reached - Offer extended to 11 November 2011 and payment terms accelerated to 10 days ST. LOUIS and LUXEMBOURG, Oct. 20, 2011 /PRNewswire/ -- Peabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT) today announced that CRH and C...continued BTU MACDY MT automation coal peabody |
Thursday, October 20, 2011
CITIC Resources Holdings Limited (CRH) and CITIC Group to Accept Offer for Macarthur Coal Takeover
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