CAPITAL MARKETS

Mitsui keen to make a deal with Cockatoo

JAPANESE trading house Mitsui is preparing to bid for some or all of Cockatoo Coal’s assets in Queensland’s Surat Basin after inking an exclusivity agreement with the coal company.

Blair Price
Mitsui keen to make a deal with Cockatoo

The agreement gives Mitsui the exclusive right to complete due diligence and investigations into a possible transaction by March 11, 2011. In July, a consortium consisting of Cockatoo, Electric Power...

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