CAPITAL MARKETS

Fording data room open

CANADIAN coal producer Fording has opened its data room and is in talks with potential buyers as it moves towards converting into an income trust to head off a $1.5 billion unsolicited takeover bid from Sherritt International.

Greg Tubby

Fording data room open

Fording chief executive Jim Gardiner said confidentiality agreements had been signed with several third parties, who were going through its data. "We can advise you that the data room is open, and further...

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